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Technology Stocks : Oak Technology (OAKT) -- Ignore unavailable to you. Want to Upgrade?


To: coopie who wrote (3771)12/18/1997 10:17:00 AM
From: Baoho Chang  Respond to of 4335
 
Hello, coopie. Thank you for the info. I personally suspect that we will see more consolidation among semiconductor companies. What we have now are many small companies with narrow product lines. I believe that consolidation will benefit both investors and the semiconductor industry as a whole.

With $140 or $3.5 per share cash on hand and many new products from fairly diversified product lines, OAKT appears a good takeover target.

Personally, I also see a combination of Oak and C-Cube a good fit.

Just my opinion.

Regards,
Baoho



To: coopie who wrote (3771)12/18/1997 12:33:00 PM
From: Doug Skrypek  Respond to of 4335
 
Don't you just love when the Board of your company enacts
anti-takeover proposals to save their jobs, while allowing the
company's performance to sink...



To: coopie who wrote (3771)12/18/1997 6:54:00 PM
From: slob  Read Replies (1) | Respond to of 4335
 
Coopie: Anti-takeover provisions stink, they should be illegal.

Lets face it all that they address is hostile takeovers. In a hostile takeover share-holders win because there is a run-up in the share price. What these provisions do is to make sure that management/board can arange some insider take-over deal and come out of it smelling like a rose while the individual shareholder gets shafted. Look at the ZLG deal if you want to see what I mean.

Slob