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 : TSEM --Tower Semiconductor Ltd. -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (34)	4/9/2000 1:03:00 PM
From: wang	Read Replies (1) \| Respond to of 60

Hi ahhaha, I am MVLJ on Yahoo. Yoav did not say anything regarding how Fab2 will be used during the conference call according to the transcript. Certainly it is possible TSEM has to make certain concession for Toshiba's investment. It is also likely that being an OEM, Toshiba wants to outsource its foundry operation, and the investment in TSEM allows them to secure much needed capacity. This investment maybe of much more strategic value to Toshiba (less dependent on Taiwan which may experience natural or other disasters in the future). Because of this, TSEM may not have to make too much concession at all. I put a much higher valuation on TSEM than the current market valuation. I do not know whether my judgement is right. I would very much like to hear your view on the estimated value of TSEM. By the way, I enjoyed reading your massages on ATHM board (although some of them were hard to understand). MVLJ