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Technology Stocks : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?


To: TEColeman who wrote (2666)2/5/1998 11:05:00 PM
From: Marlboro  Read Replies (1) | Respond to of 3736
 
Takeover rumor. Something bothers me about a takeover rumor and maybe someone can help me with this one....
When I attended the stock holders meeting in early October, I was speaking to one of the officers about the recent secondary that went successfully at $52.75 a share. The stock had briefly dropped to $45 or $46 a week before and his comment to me was that they were prepared to pull the secondary at that level. Remember when the stock soared about $10 or $11 in a few days. Why then would they seriously consider anything less than $52.75. Especially considering the cash reserves, their growing market, growing market share and the best product in the sector. Go figure. The pain just isn't there to bail.