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Message: Re: ATMEL on the Block
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Jun 12, 2015 05:39PM
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Jun 12, 2015 05:46PM
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Jun 13, 2015 01:08PM

In the explanation of our newly hired CFO's resume it said that she had 30 years in the business and experience with M&A both on the acquisition and disposition sides. Former CEO was guilty of prematurely pumping the prospects of the company, Hawthorne comes in and is much more of the under promise and over deliver type of CEO, he sees that the past situation with Kodak was moving glacially and we had to split profits with them, he jumped at the chance to do the Atmel deal because under the agreement with Kodak he could and simultaneously put the company in a better short term profit position, got the synergies of both companies tech, it came with customers and contracts and he felt the price was right/fair at least. Don't think either Hawthorne or the new CFO view this opportunity as a career. It is looking more and more to me like he is trying to get UNXL in a better position with revenues, get the stock price back up some(how much?) and sell the company. Probably means the heady times of $40 per share are a distant memory, but a nice increase from here combined with a bump on sale could be the master plan. Still have a pretty small float. Hope some good news from the SHM tomorrow.

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Jun 14, 2015 04:27PM
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Jun 15, 2015 10:47AM
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Jun 15, 2015 01:47PM
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