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.

Technology Stocks : Telxon (TLXN) -- Ignore unavailable to you. Want to Upgrade?

To: Jatin Kadakia who wrote (362)	12/11/1998 4:20:00 PM
From: Jeff Mulder	Read Replies (1) \| Respond to of 378

This girl just got real ugly. I suspect SBL will leave them alone to languish. Maybe, if TLXN drops significantly from here, they'll let it languish awhile and then offer something in the range of $28 - $32. This will allow most shareholders to turn a major loss into a modest profit, making the deal very attractive to them. Is this a buying opportunity? I don't think so, at least not yet. Most stocks that suffer this kind of news-driven freefall continue lower. AFCI did it this summer. PRXL did it this fall. There are others. Management did very little to assure investors that the future will get any better. The press release said management will "try" to increase sales in an effort to boost revenues and earnings. "Try" isn't good enough for me. I'm certainly not buying. - Jeff

To: Jatin Kadakia who wrote (362)	12/15/1998 11:51:00 AM
From: Joe Master	Read Replies (1) \| Respond to of 378

I don't think it would to far fetched to assume that it could have been due to insider leaking. Of course many people made some money during the Symbol takeover period (like yourself I assume) but many people lost a lot too. Now the management that couldn't shoot straight does it again. Anybody that is truly long this stock is a glutton for punishment. They have had so many major misteps that you can pretty much count on them like clockwork. For a little nostalgia check out this post I made a while back that seems to have come true. Message 1649756