Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jibacoa who wrote (4394)	6/4/1999 10:36:00 AM
From: James Strauss	of 13094

IFLO... Bernard: You're probably right that traders were expecting a J&J buyout... I'm personally happier that this was just a distribution deal at this point... It adds to IFLO's revenues and Earnings and opens doors to a whole new customer base compliments of J&J... While a buyout might have fetched 8.00 to 10.00 a share, continued growth by IFLO should take it into the teens within the next 12 months... As a kicker, J&J has bought out distribution partners in the past... So, I wouldn't mind a takeover of IFLO after it reaches the mid teens... That could get it a takeover price in the mid 20's... Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next