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Technology Stocks : General Instrument Corp.'98 (GIC)
GIC 31.32+0.2%Jan 14 3:59 PM EST

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To: BigBull who wrote (134)3/13/1998 6:47:00 PM
From: Daniel Fisher  Read Replies (2) of 615
 
Big Bull- have no fear GIC will rise again...

By the way GIC is in Horsham, PA not Philly.

Here is what I have heard from a source I believe to be reliable:

-Sony is interested in the other 95% and had a 120 day option from the January 5th announcement to buy everything.

-the CEO, Ed Breen, has been in Japan for two weeks.

I think that at this price whether my information is correct or not (and I think it is) the price is very reasonable.

Any one else hear anything???
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