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Technology Stocks : DSP Group: an incredible bargain?

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To: savolainen who wrote (1001)6/1/1999 12:27:00 AM
From: Kevin Hay  Read Replies (1) of 1055
 
re: AudioCodes -- a possible explanation for why dspg settled
back so far last week.

globes.co.il
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The company's largest shareholder is DSP Group, manufacturer of DSP chips for the conversion of analog signals into digital. Post-issuance, this company holds 23.7% of AudioCodes shares, at a total current value of $68.5 million. DSP group chairman is Dr. Yigal Kochavi, who served as senior manager of the Dovrat Shrem group and the Clal Electronics Industries concern. A "Globes" report published on Thursday, prior to the issuance, mistakenly attributed the DSP group-owned package of shares to Kochavi.

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Maybe? Maybe it was a short squeeze that got us to 29..?

Also, I'm not familiar with this 'Globes Aren' publication. If
anyone has comments as to its quality I'd like to hear them.

thanks,
-Kevin
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