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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks

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From: EACarl	1/28/2009 1:55:08 PM
	Read Replies (2) of 1931

AVNX, once a high flyer in the bubble days of 2000 that traded over $4,000 per share (in current terms to adjust for reverse split), now being "taken under" at LESS than net cash per share. Cash about $3, take under about $2. BKHM the buyer. JDSU or a GLW should offer a cash deal for $3 That would be about a 50% premium to this deal, and give the acquirer he business for free. Be interesting to watch and see if anything happens.

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