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Strategies & Market Trends : Value Investing

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To: bananawind who wrote (2745)	12/11/1997 1:54:00 PM
From: Stewart Whitman	Read Replies (3) of 78599

Zilog (ZLG) currently has an offer at $20 cash/share from a buyout firm and is trading around $17.50 (I am presuming the drop in prices is mostly because of todays turmoil). Its book value is just below $17. The offer could close early next year. A previous bid of $25 was dropped to $20 after recent earnings report. Thought some might be interested. Stew

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