SI
SI
discoversearch

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 : Award Software(AWRD) is back -- Ignore unavailable to you. Want to Upgrade?


To: Bill Oegerle who wrote (331)4/16/1998 11:54:00 AM
From: Mark Brophy  Read Replies (1) | Respond to of 373
 
Don't switch companies.

The combined company is an excellent investment, but AWRD < 1.225 * PTEC. This indicates that the market believes the merger might not be approved by the shareholders. I disagree, so I sold all my Phoenix shares and used the proceeds to buy Award.

Win98 will be released June 25 and the companies will increase revenues and profits substantially from USB firmware. In addition, Phoenix will sell more USB synthesizable cores.

Investment banks will initiate coverage of the larger company because they know now that there is a possibility of more banking fees. The new company is very strong, has a large cash position, and can easily afford to buy more companies.