Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Dawg's Place -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (2551)	9/13/1999 1:45:00 PM
From: Junkyardawg	Read Replies (1) \| Respond to of 2751

PIOS will be fine. It doesn't need anyone to push it. That is the good thing about good stocks you buy them and just watch your money grow. :-) I missed out on BAMB:-( I told myself to buy it but I decided to wait until later this week because I figured it would not run until at least WED. Wrong again:-( dawg

To: Susan Saline who wrote (2551)	9/13/1999 1:59:00 PM
From: Tim Luke	Read Replies (1) \| Respond to of 2751

susan, don't mention the tl on this thread...tim luke is hated here...LOl...but they still play his calls....just wait until my $2 stock comes out on my private site and soars into the teens.....my site will rock

To: Susan Saline who wrote (2551)	9/14/1999 10:37:00 AM
From: Junkyardawg	Read Replies (1) \| Respond to of 2751

Note the news below: Selectron buys SMOD Selectron was rumored to be a buyer of PIOS and now this leaves ARW as a likely canidate to buy PIOS. In my opinion PIOS is close to being gone and for those of you that play takeover plays I suggest you take a nibble at PIOS. Good luck dawg Solectron to buy Smart Modular for $2 billion By Janet Haney, CBS MarketWatch Last Update: 6:26 PM ET Sep 13, 1999 Silicon Stocks Hardware Report MILPITAS, Calif. (CBS.MW) -- Solectron announced an agreement Monday to buy Smart Modular Technologies for $2 billion. The contract technology manufacturer also reported fourth-quarter earnings a penny better than expectations. The companies said the deal is the largest ever in the electronics manufacturing services industry. Its value is based on Solectron's (SLR: news, msgs) Sept. 10 closing price of 77 1/2. The agreement is expected to close by the end of the calendar year, pending shareholder approval. Solectron, a provider of contract manufacturing services for original equipment manufacturers, closed at 77 3/16, but dipped to 72 1/2 on Instinet after the announcement of the acquisition. Smart Modular (SMOD: news, msgs) rose 13/16 to 24 5/16 during the regular trading day. As part of the transaction, Smart Modular stockholders would receive 0.51 shares of Solectron stock for each share of Smart Modular that they own. Solectron would issue 23.1 million shares. See press release. Under the terms of the deal, Fremont, Calif.-based Smart Modular is to become Solectron's new technology solutions business unit. Smart Modular makes PC cards and memory modules. "Solectron intends to integrate Smart into its current solutions offering by creating a technology solutions business unit that offers unparalleled products and services for the world's leading electronics OEMs," said Saeed Zohouri, Solectron's senior vice president and chief operating officer. "This business unit will be made up of Force Computers, Smart Modular Technologies Inc. and other design groups within Solectron." Meanwhile, Solectron, based in Milpitas, Calif., said it expects the deal to add 9 cents to earnings in fiscal 2000, before transaction charges. The company intends to add 1,900 people to its staff and plans to name Smart Modular Chief Executive and Chairman Ajay Shah president of the newly formed technology unit. Solectron also reported fourth-quarter earnings that were a penny ahead of Wall Street expectations Monday. The company said its net income was $88.8 million, or 33 cents per share, compared with $55.9 million, or 23 cents, in the year-earlier quarter. Analysts surveyed by First Call expected the company to earn 32 cents a share.