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Subject:  FSL: A Fun Ride Date:  12/1/2006  4:23 PM
Author:  XMFSelzhanik Number:  203 of 271

Well, it's official. No longer will Freescale (FSL) be traded on the NYSE. The company I work for is now privately held.


See it while you can:


I remember being a part of the company as we were spun out from Motorola (on my birthday) in July of 2004. We were just the "Semiconductor Products Sector" of Motorola back then. My family would ask me about cell phones... I'd say, "We make the chips inside the phones." Not to mention lots of other chips that go into everything from toys to automobile brake systems. And the processors for Apple Computer -- back then. I remember the IPO market then wasn't that attractive. I also remember the semiconductor industry wasn't very popular either. But, we went ahead with it, and we had an initial price of $13.


Today, all those shares get converted to $40 in cash. The stock was climbing the whole time. And for good reason. All those who sold at $26 got a quick double, but those who held have a 3-bagger. It has been a fun and interesting ride.

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