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Technology Stocks : SPLH is jumping -- Ignore unavailable to you. Want to Upgrade?

To: John Goode who wrote (14)	10/15/1998 4:17:00 PM
From: Mr. Stress	Read Replies (2) \| Respond to of 87

WHAT THE HELL HAPPENED???? This stock should have gone to $10 today.

To: John Goode who wrote (14)	10/15/1998 4:19:00 PM
From: george wood	Read Replies (1) \| Respond to of 87

Covered today but believe there might a little further downside. Could be a decent long play if and when it starts back up. gw

To: John Goode who wrote (14)	10/17/1998 1:08:00 PM
From: moat	Read Replies (1) \| Respond to of 87

Question: Could EFII acquire SPLH? Would the government allow it? It's amazing how the stock market works. Here is SPLH priced at $6.70/sh with $4.70/sh in cash w/ no debt. There are 14M shares outstanding. Splash has been a pain on the side of EFII for the past two years. Why don't EFII just acquire SPLH at this point? Splash has about $90M/yr in sales (and is still profitable), the whole business is currently priced at just $28M ex-cash (($6.70-4.70) x 14M). Today EFII has a market cap of over $1.1B (with $450M/yr in sales). Doesn't it make sense for EFII to offer stock at this point and just take over Splash? Would the government object to such takeover? How would shareholders, management, OEMs, and customers respond?