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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?

To: Noblesse Oblige who wrote (1223)4/3/1998 11:25:00 PM
From: michael c. dodge  Read Replies (2) | Respond to of 3247
 
Welll, if I recollect correctly, China will take $8 million cash off the books; the Tempe glass line needs $3 million rehab for LCoS (?). Higher sales means higher inventory and work in progress. Takes cash. I don't think all that can come from cash flow. Since TFS does not like bank debt (a position I support), maybe a convert glimmering in the future.

FYI....I have asked my CFO to retract or supercede my proxy. I'll decide what to do later.



To: Noblesse Oblige who wrote (1223)4/3/1998 11:58:00 PM
From: John Morelli  Read Replies (1) | Respond to of 3247
 
Given Buchanan's age and likely retirement in the near future I am puzzled that he has not been more receptive to efforts that might increase shareholder value (lets see, an extra $10/share x 884,118 shares ..., plus the options etc.,....). I don't understand his strategy.


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