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Technology Stocks : DSP Group: an incredible bargain? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Caruthers who wrote (1005)	6/6/1999 3:30:00 PM
From: savolainen	Read Replies (1) \| Respond to of 1055

[more shares] hi tom, thanks for the heads up well right now there are a little less that 11 million shares outstanding.. and today dspg is authorized to issue up to 20 million shares... and the new plan will allow up to 50 million shares ... --- let's see, they said they might need the additional shares for increased stock option plans, stock splits (or other corporate purposes), or mergers or acquisitions... believe we can eliminate stock option plans ;)... they've got another 9 million shares they could use right now.. and also they've got a buyback plan in place with almost $100 million cash and over half again that in audc ownership to fund purchases... would think they've got that one covered..without an extra 30 million shares altho the possibility of a stock split is an attractive thought: maybe a quick run to say $70 before a split :)... seems a bit premature at this stage.. which leaves mergers or acquisitions... seems like the list of potential candidates, must include some maybe roughly the size of dspg (say market cap $250 million ±) --- after reading the article took a quick look at the filing itself and noticed that: dspg employed Millard Phelps last year for identifying potential merger and acquisition candidates (seems like dspg's serious) : "The Company entered into a consulting agreement, date as of June 29, 1998, with Mr. Phelps, an outside director of the Company. Pursuant to the terms of the agreement, from May 1998 through December 1998, Mr. Phelps was to provide advice to the Company's Chairman of the Board regarding identifying potential merger and acquisition candidates. The agreement provided that Mr. Phelps be paid $4,000 per month for his services...." til later s