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Technology Stocks : EZchip Semiconductor
EZCH 25.490.0%Feb 23 4:00 PM EST
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From: cafly200111/9/2015 2:21:00 PM
2 Recommendations

Recommended By
Dave01
longezch

  Read Replies (1) of 2675
 
As the stock price has fallen the past several days, one has to wonder if the original arbitragers like Gabelli are getting out as their confidantes inform them that the deal may not go through. If that's the case, and assuming Eyal or anyone else does not make a higher offer, what do we do with this company? If Eli and the board want to retire, who leads it? Their financial interest's likely dictate that they stay on for at least a short while, but prompt action and strong leadership would be required to guide the company through the inevitable disappointment and mistrust that would be present. Employees, customers and investors would all have to rethink their positions as a result of this escapade. I hope Raging Capital has thought this through operationally since they may have to step up and lead. Just don't know if Eli can be effective going forward or if he even wants to be. Just an unfortunate mess!
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