My prediction was made June 20, and I gave both a sequence order (JDSU/ETEK merger approval, QCOM/NOK deal, GMST/TVGIA merger approval) and a timeframe for the sequence (3-6 weeks).
Bowling Pin # 1 has just been knocked down. Hooray! Shame about the loss of first refusal rights on ETEK's thin filters, but IMHO a small price to pay for the obvious benefits of the merger in general (as if I knew what a small filter was anyway; LOL!).
Bowling Pin # 2 is wobbling; today's takeover rumors are IMO smoke from a different but not that distant fire. Best part of the day: constant repetition of how it was NOK that was in trouble, because it "desperately" needed to get into the CDMA biz. I disagree with you, Cha2, that this is a yawn for Q, because it would at one stroke cut through the FUD of the last several months and constitute a major victory in the second round of the Holy Wars. You may think the substance has been a done deal for years because of the technology, etc., but the drop from 150 to 60 was all about others not believing that, so we could get close to a double out of the subsequent run-up. (The drop from 200 to 150 was momos leaving town.)
Bowling Pin # 3 is still standing, but I have 5 1/2 weeks to go, so I'm not worried. When it falls, my portfolio will be back in the tornado again...
:0))))
tekboy/Ares@utterly,hopelessly,irrationallyexuberant,forachange.com |
