SI
SI
discoversearch

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.
Non-Tech : Ingram Micro -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (492)2/13/2000 11:24:00 AM
From: E_K_S  Read Replies (1) | Respond to of 576
 
Ingram Micro's CEO search may be affecting business
February 07, 2000, Issue: 880
Section: Integrated Distribution
Computer Resellers News
(http://www.techweb.com/se/directlink.cgi?CRN20000207S0031)

From the article: "...Ingram Micro has reportedly narrowed the search list to five or six names, but sources and analysts wonder why the board has taken so long to appoint a new chief executive while the distributor has languished.

"Robert and others have felt the search for Jerre's replacement has taken far too long. In some ways, it questions the sincerity of the search. The progress is slow. Some people have questioned whether it is by design, or have they really had this much trouble finding someone?" said a source close to Ingram Micro..."

=========================================================

EKS



To: E_K_S who wrote (492)2/13/2000 9:04:00 PM
From: Toni Wheeler  Respond to of 576
 
4 times average volume and up 15.73% in a reaaally lousy market is *noteworthy*....so how come no comments from anyone? Personally, I needed that boost so I liked it ALOT!! -gg-

Eric, perhaps many others came to the same conclusion as you regarding the additional value of $9 by way of the Softbank investment and realized just how UNDERvalued Ingram really is!!

My best,
T.



To: E_K_S who wrote (492)2/14/2000 1:49:00 AM
From: Reseller  Read Replies (1) | Respond to of 576
 
Hi Eric, as submitted to the thread, Ingram wouldn't comment further on it's SoftBank holdings citing the quite period before earnings.
It does appear that they continue to hold these issues as the agreement outlining this investment was sighted when I made my inquiry.

In the mean time looks like SoftBank is on a tear up 20,000 yen or 13.51% on heavy volume of 2,181,600 shares for a final closing of 168,000 yen or $1553.40 per share.

Regards
Reseller