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Technology Stocks : ZORAN jpeg/dvd moguls
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To: Zantac who wrote (1392)1/13/1999 4:07:00 PM
From: David Mullins  Read Replies (1) of 1486
 
Isreal Corp hasn't officially announced their intention to sell
their holdings in Zoran. I called investor relations who said there
was nothing internally causing the sell-off. When I asked about
the possibility of it being related to the quarter earnings I was
told no. Investor relations referred to the story that suggested
that Isreal Corp would sell their holdings as a possible reason,
but called the rumor "baloney." I guess I'll see how believable
IR is by what actually materializes here.
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