General Instrument Corp.'98 (GIC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : General Instrument Corp.'98 (GIC)

GIC 31.60

+0.6%

12:45 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry Brew who wrote (156)	3/17/1998 9:54:00 PM
From: Daniel Fisher	Read Replies (1) of 615

I think GIC is "going Japanese. I really think so." Sorry your buyout experiences haven't gone well in the past... I recently held MON 20 calls and got my buyout- so have faith. Forget the weakness for now, I think the Apple story is spooking things. Keep in mind as far as valuation: 1. Sony is paying $25 for a 5% interest- the Japanese aren't that stupid. 2. The cable companies have options at a shade under $15. 3. The Op Cap filing is good to know too- they are value managers ( I know them well) and they would not be buying without thinking they are getting a 50% discount to what they think its worth and rarely do they buy tech. The last major tech bet OpCap made was when they bought INTC in the 60's (one or two spits ago) on the Pentium flaw. In cable they bought TCOMA early last year in the low teens. But the real deal is this- Why's Sony paying $25- because I believe they also were paying for an option to buy the whole thing.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next