SI
SI
discoversearch

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 : Applied Magnetics Corp -- Ignore unavailable to you. Want to Upgrade?


To: ScatterShot who wrote (12273)6/5/1999 4:21:00 AM
From: Donald Isenhower  Read Replies (2) | Respond to of 12298
 
I am really wondering about this offer since I have not received anything about it at all. I use E*trade and they were slow in getting a tender offer to me on my shares of VLSI, but I am confused as to why I would not have received anything at all on this. Does this mean that the offer is only going to specific brokers? I also have to admit that with the nearly non-existent sales for APM this past quarter I just cannot imagine any reason they wouldn't just purchase the shares on the open market. Lawrence, if you are still reading this thread do you have any ideas as to what this is about? I'm wondering if this is an opportunity to pick up a few thousand shares and sell fairly soon for a 1/2 point or so gain, but I can't see any reason to believe that APM has any sales of any consequence at this point.

Donald