Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

the fact that CY sold all their NVEC shares

Some where down the line NVEC will need more money to develop MRAM and CY wants to make sure they don't pay too much per share for that refunding. One has too talk down the pirce first.

For example, look at PANL secondary stock sales, most were in low single digits price point except for one stock sale in boom years that may have been slightly over $10 per share.

PS

I was at seminar where Andy Wong of Intel Capital stated that whne Intel took a stake in a startup they were looking for a potential 10 bagger(1000%) for their investment.