Vishay Intertechnology 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 : Vishay Intertechnology

VSH 15.34

-4.8%

Nov 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jay King who wrote (100)	3/30/1998 10:44:00 PM
From: Bigpoppabass	Read Replies (2) of 384

I did some number crunching regarding VSH's recent purchase of Temi, and the deal appears to be a steal. VSH's 80% stake of SILI is valued at 340 million (SILI's market value is 417 million). Sili has about 220 mil. in annual sales The total cost of Temic's business was about 360 million to VSH. The total sales of the Temic business acquired minus the Atmel sales is $550 mil. 550 mil minus 220 mil is 330 million. On paper, VSH will have an additional 330 million in sales, which was purchased at 20 million (340 for the SILI stake plus 20 mill. for the other businesses). Unbelieveable! As we discussed, SILI is the gem, and they received the other businesses for free! I don't know the quality of the other businesses, but even if shoddy, VSH can manage them much better than Daimer Benz. If this 330 million segment is even slightly profitable, VSH is sure to take off. When word of this gets out during the annual meeting analysts are sure to be pleased.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next