How low will ASND go before LU makes a buyout offer?
I'm sure you all recall the networking buyout article where ASND, SHVA, CS, FORE, and so on were rumored to be buyout bait for LU, w/ ASND being the "expert's" most likely candidate for LU.
Well, that's back when ASND was $50+. How far will ASND have to drop before it makes sense for LU, if they ever were interested in ASND, to make their move? Near $30, is a 40% off sale from where it was when the rumors surfaced. So, if there was ANY truth to the rumors, wouldn't it make sense for LU to be looking _REAL_ carefully here?
If they wait another year, ASND will surely jump at least %50 or more,
maybe double. Just something to think about.
Good Trading All,
John Dodson |
