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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (243395)	7/25/2005 5:08:10 PM
From: Elroy	Read Replies (1) \| Respond to of 1572549

TXN won't acquire either. Why do you say this - because you think Hong doesn't want to sell? Also, has there ever been hostile takeovers in the semi industry, like the ORCL/PSFT thing? It would be interesting to have a BRCM or TXN offer $25 per share all stock deal, and do a hostile takeover of OVTI if the mangement doesn't want to sell. At $25, it would be hugely accretive for a bunch of semi companies, and its a ~70% premium over the current share price so OVTI management would have a tough time claiming its not a fair offer. I just want to see something that will panic the 35% of the float that is short!

To: Taro who wrote (243395)	7/26/2005 1:53:46 AM
From: tejek	Read Replies (2) \| Respond to of 1572549

actually tried to broker a deal through a buddy of mine with Maxim about 5-6 years ago. OVTI was at approx. 3.5 and could have been acquired for a total of 85million $$ or so and Maxim knows better than anybody mixed signal technology. OVTI is a dog. Even though its at its six month low, Price to Book and Price to Sales are both over 2. It has 57 million shares outstanding. Combining cash on hand and short term investments, its worth roughly $3 to 5 per share. All that would be forgivable if were growing revenues fast but revenue growth appears to be stalling.