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Re: JohnVP post# 130858

Wednesday, 07/16/2003 11:41:31 AM

Wednesday, July 16, 2003 11:41:31 AM

Post# of 704019
John ISIL sold their WLAN biz to GSPN because they were feeling alot of heat from INTC and BRCM. They looked like the 3rd player because BRCM tends to be the low priced vendor due to their CMOS approach and INTC has huge economies of scale.
I don't know why ISIL would sell the "gem" of the business and the market treat the sale as a positive for the company. You will notice that ISIL is UP in a down market on the news. Maybe GSPN has a special sauce to add to the mix but I'd be careful here with that thesis. FWIW, Rob

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