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

To: raefon who wrote (1341)	4/14/1998 1:39:00 PM
From: Maurice S. Green	Read Replies (2) \| Respond to of 3247

All--so soon we forget--No comments about TFS investment in Siliscape. Doesn't anyone think this is important ? I am very impressed to find that TFS is able to talk to the type of people that are involved in Siliscape. They are outstanding scientists . Small people talk about people. Average people talk about numbers. Great people think about ideas. Or something like that. This linkage to Siliscape-National Semi should be the catalyst to the future for TFS. That is why I am encouraged.

To: raefon who wrote (1341)	4/14/1998 1:47:00 PM
From: Noblesse Oblige	Respond to of 3247

Hi Raefon... It is indeed frustrating that the company doesn't yet appear to have a cogent plan to raise the valuation of its stock. More of the same isn't an answer, obviously. (You think we could hire Kopin's CEO? <G>) Although I have a modicum of respect for the company's technological knowledge, it is sadly short of the requisite talents that actually pay the shareholders. I have never understood why people stay so closely wedded to methods that have been proven to be ineffective. Perhaps it is fear that doesn't allow management to choose a new plan to deal with the undervaluation. Perhaps it is stubbornness. Perhaps it is ego. Perhaps it is ignorance of how the "Street" works. Maybe even laziness comes into play. There are a million potential reasons, but in the end, they all come down to the same thing: Doing the "same old, same old" is an indication that raising the value of the company's equity isn't a priority. If it were a PRIORITY, there would at least be a few of us that would be aware of the steps planned to make it happen. There is no plan. And, the emperor has no clothes. It is interesting, of course, that we can see a torrent of business coming over the next 12-18 months. The visibility is high, and the building of additional overseas facilities (and expansion of the rest) is the single best indication that the "torrent" is coming. With that inflow now obviously close to being set in stone, TFS represents compelling value to other corporations that would like to be in the domestic LCD business. Our best bet to achieve the "value" inherent in this company remains an unfriendly takeover attempt. Invariably it is managements that are deaf to the needs of the shareholders that succumb to such efforts. One can only hope. Maybe the shareholder vote will provide some clues as to the terminal optimism of the Phoenix crowd. I can only say that if I were a potential bidder for this business, I would be spectacularly heartened by any showing that indicates shareholder dissatisfaction with the job being done. We have merely a week or so to wait to get an "indication."