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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Fabeyes who wrote (44055)	3/21/1999 2:24:00 AM
From: John Graybill	Read Replies (2) \| Respond to of 53903

Fabeyes, nobody has money-in-the-bank yet from that Rendition deal yet. On stock-swap takeovers, there's a restriction on the sale of the taking-over company (MU) for a year, and then the stock must be registered for sale. That would be up to Micron, and there's not a thing Rendition folks will be able to do about it if Micron feels like dragging their feet. In Rendition's case, the date in question was June 22, 1988, so figure late June at the absolute earliest for anybody there to be able to sell any MU stock at any price. Betcha a nickel that Appleton didn't mention to them at the time that they'd have to sit and watch two of the biggest companies in the semiconductor business sell 40 or 50 million shares in the meantime. Think they're "happy" about that?

To: Fabeyes who wrote (44055)	3/22/1999 1:55:00 AM
From: Ed Beers	Read Replies (1) \| Respond to of 53903

Fabeyes, I think the Rendition deal is a real wild card. It is possible that they could introduce a competitive graphics chip. Rendition's drivers and display quality have been good but the chips have been slow. The last generation would have been a winner if they could have run it at 100 MHz instead of 60 MHz. Their next generation chip is a no show. They could benefit significantly from better process technology. So far, they seem to have dropped off a cliff but if they can come up with the latest hot chip, they could move plenty of silicon in a hurry. Given they current open standards (OpenGL and directX) there aren't many barriers to re-entry in this market. Ed