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 : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?


To: Steve Porter who wrote (27501)6/17/1998 8:36:00 PM
From: Tony Viola  Read Replies (4) | Respond to of 33344
 
Steve, >>>" Any lower and NSM becomes a
GREAT take over candidate."

What makes you think that all struggling companies get bought out by deep pockets saviors? Why, some companies, or divisions of bigger companies, are just not wanted by anyone. What if you put up a company for sale and nobody made an offer? In the annals of the semiconductor industry (plus one computer guy), would you care to tell me who bought the following? (some, I admit, go back a ways):

Transitron
Sylvania IC division
Philco IC division
GE IC division
Westinghouse IC division
Raytheon IC division
Mostek
RCA Computer Division
Fairchild (NSM, but where are they now?).
Amperex
Intersil
AMI
Litronix
Harris
Monolithic Memories
Solitron
Electronic Arrays

A lot of these companies had pretty damn good products in their time, but nobody bought them (I may be wrong on a couple).

Another point about National is that they have the worst reputation for being a sweatshop in Silicon Valley. Treat engineers like commodities, burn-em out and replace 'em, no problem. This dubious distinction is approaching 30 years running with National now. Who'd want to buy an immediate morale problem, especially one associated with a company that is now losing BIG bucks. Also, what compelling products do they have any more, that would lure a TI, Motorola, Siemens or Philips?

I wouldn't use that 'oh, someone'll buy 'em if they get much lower' reason for buying their stock at any price, no matter how low.

Tony