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.

Technology Stocks : Align-Rite Int'l (MASK) Undervalued compared to PLAB DPMI -- Ignore unavailable to you. Want to Upgrade?

To: PAR who wrote (347)	9/20/1999 9:10:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 388

The price is fixed, but will be paid in PLAB shares. Thus the higher PLAB goes, the less shares of PLAB we will ultimately get. If PLAB hangs around $23 we get one for one on the shares. If PLAB goes to 30 we get a lot less. This deal dilutes our earnings pretty severely, but is quite accretive to PLAB holders (their EPS will go up about 20-25%). I haven't decided but I am leaning towards voting against it as I think they price is too cheap (unless something is severely wrong in the Harris deal, or there is something else we don't know). Carl