EZchip Semiconductor Message Board

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Technology Stocks : EZchip Semiconductor

EZCH 25.49

0.0%

Feb 23 4:00 PM EST

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Jim Mullens

PaulAquino

To: w0z who wrote (2431)	11/3/2015 8:17:51 AM
From: GCD1	2 Recommendations Read Replies (2) of 2675

Most on the GG board wants to believe that everything will go back to normal after the NO Vote or even be better. New BOD members will right the ship. All new NPS customers will continue to order. Everyone will come into work and stay late like always. All will be right with the world. It's a complete fallacy. You can bet every engineer has been contacted by a competitor by now or they have reached out. You can bet there are NPS design wins that are delayed to wait to see the fall out and who owns the technology. Eli ran this company as an autocrat, you think two new BOD members are really going to be listened to or be given dictator powers to force change? Retirement or not. There was no succession plan and it will take months to transition. "I talked with so-and-so at the company and he told me nothing has changed....." Really? What do you think he'd say? The damage at this stage is irreparable. The best thing that can happen to EZ is to merge to stop the bleeding. Sure more than $25.50 would be great but it just might not happen. If anyone thinks a hedge fund actually has your best interest in mind...there's not much more to say. To think the stock price will only settle back to its pre-announced price upon a No Vote is folly too. The shorts will drive this down. There will be huge volume dumped. RC will make a killing on the down, turn around and buy in the low teens and double their money later. Throw in one bad announcement which Eli tends to over disclose and $25.50 looks pretty good. A No vote is playing with fire. Be careful what you wish for, you just might get it...a highly damaged company back.

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