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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: pat mudge who wrote (1338)5/12/2000 9:44:00 AM
From: Wyätt Gwyön   of 3951
 
I'm seeing this as less likely with every acquisition we get. SDL's lean and mean and I don't think they're sitting around waiting for someone to fill out their dance card. (Sorry for the mixed metaphor.)


I'll see your mixed metaphor and raise you an analogy <g>: If an acquisition by a company is like adding a room to your house, why would you make an addition immediately before trying to sell? You're just going to raise the absolute price (more expensive means fewer potential buyers), while not giving yourself any time to amortize the costs of the addition (i.e., lower absolute return for you). Besides, prospective buyers might not like whatever room you added.

Stock taking a relative breather this morning. All things in good time, eh?
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