General Semiconductor / GENERAL INSTRUMENT 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 Semiconductor / GENERAL INSTRUMENT

SEM 14.92

-1.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: louis mason who wrote (33)	2/25/1997 1:40:00 PM
From: Les H	of 99

I am aware that they may be negotiating to sell this unit. I am also aware that under their plan to break up into 3 separate publicly traded units that much of the long-term debt was also to be placed under this unit. The stock will not drop by 1/3 or whatever if this unit is sold. If this unit is sold at a perceived discount to its business value, then GIC stock will fall. If the unit is sold at a perceived premium, then GIC stock will rise. Both of these events would be short-term impact. If the unit is sold in any event, cash and/or stock received from the transaction would accrue to the balance sheets of GIC or baby GIC's. There's just as much a likelihood that acquisition of the semi unit will be acquired after the breakup --- this likelihood has been bandied about in the press (New York Times).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next