General Semiconductor / GENERAL INSTRUMENT Message Board

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Technology Stocks : General Semiconductor / GENERAL INSTRUMENT

SEM 15.36

-0.4%

Jan 16 3:59 PM EST

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To: John Hunt who wrote (18)	1/8/1997 3:39:00 PM
From: louis mason	of 99

Dear John, Thank you for the help. I found the quote stating exactly what you said. "Under the plan, General Instrument shareholders will get one share in each of the new companies for each General Instrument share held, Friedland said." "We may have to do a reverse split to comply with New York Stock Exchange rules," he said, adding closing of the transaction is seen by July. What i'm now wondering about is in the second paragraph- "reverse split?" do you know what this means? In general, is this split good for the stockholders at this point? i saw the stock price rise, but not by very much. also, are there some other companies that might be good buys now that are going to be in the hdtv arena? do you know anything about a company called "IATV"? thanks for your time, louis mason

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