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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (30029)	5/10/1999 3:04:00 PM
From: Andrew Vance	Read Replies (1) \| Respond to of 70976

I wish I could answer that question since I am struggling eith it today. I am turning over rocks and contacts and we have only come up with questions. Why do a private placement to increase you positional holdings and then gobble up the unexercised rights? What percent would VEBA need to force the "privitization" of the company? What would be the benefit of WFR going private again? They made a mint on the $24 IPO and maybe even sold shares as it ran to $50. The IPO allowed them to buy the TXN Sherman Wafer Facility and subsequently enter into some of their Joint ventures. MEMC is certainly bigger than what it was prior to the IPO. Now, the majority interest in the company might now be sold off for more money than it was worth 4-5 years ago to someone who needed to have a certain controlling interest. Simple economics is all we could come up with for now. Though, selling the company stock you owned when the stock was trading at $50 probably would have been better<GG>. In other words, "anyone know the phone number to the Psychic Connection Line"? AV PS - What if the Germans and Japanese were teaming up again and the Japanese wanted a monopoly on world wide silicon production. They almost have it now.