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Technology Stocks : Trikon Technologies - TRKN

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To: slob who wrote (665)4/3/1998 3:37:00 PM
From: Zeev Hed  Read Replies (2) of 926
 
slob, I am not touching it. The debt holders convert to stock and get about 80% of the company, that is a pretty good deal, but you end up with 93 MM shares or so (no debt), and at $1.5/share that put a valuation of $150 MM on a company that , if lucky could generate what, 30 to 50MM in sales? Not even that since now they'll be competing on the MORI side with both AMAT and LRCX. I think that this stock will be available after the reverse split fro $1, then the valuation will be around $60 MM and if they show signs of life, maybe it can become a value play. There are too many good plays around to bother with this one.

Zeev
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