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Technology Stocks : Extended Systems Inc (XTND)

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To: Labrador who wrote (369)5/20/2001 11:40:52 AM
From: Labrador   of 403
 
My near-term target is $12.50 within 3 weeks, giving time for the arbs to unwind their positions. $14 by July. Takeout the company by end of Sept at $18+.

I think that as a leader in Bluetooth technology [proven by Palm's due diligence], a take-out value for an acquiror to pay $250 million or less, is a decent price.
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