Silicon Motion Inc. (SIMO) Message Board

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Technology Stocks : Silicon Motion Inc. (SIMO)

SIMO 90.94

+2.6%

Dec 3 3:59 PM EST

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From: Elroy	10/12/2022 1:17:44 PM
	Read Replies (1) of 2978

Well damn, SIMO is trading at about $56 despite an acquisition deal to be acquired by MXL for about $105. SIMO is probably not a bad investment at $56 even if there is no deal, but right now with the tech and semi market declines, there are lots of stocks that are attractively valued, so it's hard to make the case one should buy SIMO rather than QCOM......or MCHP....or ADI. Interesting. The MXL-SIMO acquisition is waiting on Chinese regulatory approval. That approval could come anytime befween March and December next year, or China's answer could be "no, we don't approve". That deal rejection would be difficult to justify based on historical norms. If China let ADI buy huge analog semi peers MXIM and LLTC, why would they reject MXL's effort to buy little low tech boring SIMO? Ho hum, and so, we wait.......

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