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Gold/Mining/Energy : MOSAID Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Praxis who wrote (97)	8/17/1998 11:41:00 PM
From: Tapcon	Read Replies (1) \| Respond to of 219

Hi Praxis, >>Incidentally, MSD is the undisputed leader in memory testing devices and therefore could also be an attractive takeover target, especially now considering the weakness in the C$. Not likely. The Board of Directors approved a "poison pill" defense in the past few months. It should have been a signal as to how things were going. 20-20 hindsight. <ggg> I think the current price under $5.00 looks attractive, but it might take a few years to get the good return. Mosaid's market was about 75% Asia. Japan may not turn for quite a few years. Seems to me if Mosaid survives the cycle, they will again at least double, which makes the gamble worth taking. But you have to be VERY patient.