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.

Microcap & Penny Stocks : All American Semiconductor (semi) -- Ignore unavailable to you. Want to Upgrade?

To: Harold Feller who wrote (791)	8/30/1998 10:30:00 PM
From: jeffbas	Read Replies (2) \| Respond to of 952

You are wrong on the numbers. REPT has about $14 million cash and tangible book value (without good will) under $5. I think REPT made a strategic error in buying Hibbing (the ECM business is not a good one to be in if you are a small player), and paid too much. I think REPT is unattractive. Although I own a lot of SEMI, in my opinion it takes a dumb or indecisive management not to have renegotiated the terms or gotten out of the merger by now. There is no question at all that Reptron as a company (independent of the stock price) is worth a lot less now than when the deal was made. With Fairchild, I would say that SEMI is worth nearly the same. The conclusion is obvious -- better terms or no deal.