<<<If there were a way to negotiate TI shares in place of cash, I'd do it. Why do shareholders have so little power????>>>
Pat, I've had one day to recover from the shock, and I like the deal even less today than yesterday.
1. Twenty to 28% of my profits are gone, (most of my gains are short term even though it seems like forever.) I'm not a trader, I'm a long-term type of guy.
2. I've lost out on what I see as a revolution in communication which was just starting to materialize.(Stock version of coitus interruptus)
3. To follow Amati I must follow TI, which I'd gladly do because I see TI as a very attractive company, but for which I have 28% less, a less dynamic growth potential and for which I would only have a fraction of the number of shares.
4. What will be TI's price be when I finally receive the cash. TI has been near $140, now would be a good time to buy IMO. If they can't give us stock, an option to buy TI at a fixed price would be very welcomed.
5. What if MOT finally opens their mouth and my focus shifts to them or some other suitor?
What it all amounts to, is that ALL THESE CONSIDERATIONS MAKES $20 A VERY MEAGER AMOUNT FOR THE LOST POTENTIAL, LOST GAINS, AND THE UNCERTAINTY OF REDIRECTING OUR INVESTMENT FOR THOSE OF US WHO SAW THE REVOLUTION ADSL/DMT WOULD BE.
The Westell/Amati offer was less, but the dynamics were in place. Now they are not.
I, like you, wish that the investors had more say in this. All I can do is hold out.
What kind of offer would I consider minimal:
1. $30 and/or an option to buy into the acquiring corp. at a specified value.
TI IF YOU READ THIS THREAD, PAY ATTENTION!!!
Michael the Dreamer |
