Mport, re: GG and the MLNX EZCH proposed acquisition.
Snips from GG 10/02 post- (thanks to Mr. Cohen)
GG on Oct. 02 :
"... EZ remains by far my largest public holding. ...
Pretty much everything I hoped for technologically happened, but somehow the market did not comply. Semiconductor economics changed in ways that I still don't fully understand......
Now my recommendation is to buy Mellanox on the dips. If you think Mellanox is stealing EZ, you can try to steal MLNX. .....
I suspect it is futile to fight the current movement toward agglomeration. .....-you cannot do better than to buy MLNX (with EZ added) opportunely.
Mport, you state .....”... In all fairness that comment was from 10/2 and predates the organized movement to vote down the merger. It predates RC's involvement....”
Point well taken. Bottom line, however, GG’s highlighted comments above indicate he conclusively favors deal. And, given that EZCH continued to be GG’s largest public holding by far, signifies his significant monetary interest as well.
Given, as you state, those comments were before RC’s involvement was publicly revealed, would you care to share with us GG’s added comments subsequent to RC’s involvement and the surfacing of other relevant details. ?
As a side note, after being a GTF subscriber and active poster for many years, I dropped my subscription due to GG’s infrequent posting and infighting on the board with the market professionals who sided with the high frequency traders (HTF), speculators, and manipulators rather than the traditional long term investors perspective. Perhaps the below comment from GG reflects those sentiments as well..... (It’s difficult to be an investor today when a companies’ (& market) valuation can be so easily manipulated (10- 40%) in a day’s time over the parsing of a few words in a companies’ quarterly earnings PR, etc.).
“....Pretty much everything I hoped for technologically happened, but somehow the market did not comply. Semiconductor economics changed in ways that I still don't fully understand. The Internet is succumbing to Title II sclerosis....”
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