Tomlinson effectI have been puzzling over whether the very generous donation of Gennum shares by one of the original investors to Mcgill University is good or bad for investors in Gennum. The fact that all of a sudden there are many more shares available in the marketplace would normally be a bad thing. However one of the things that has held back the share price in the past was a lack of liquidity for any institution making a large purchase.
I think that short term we may take a hit but over the long haul its probably ok. Of course it depends on what Mcgill decides to do the shares, they may sit on to them but this is unlikely.
Any other comments?