Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

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3:55 PM EST

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To: richardred who wrote (2757)	3/24/2011 12:55:03 PM
From: Grantcw	Read Replies (1) of 7242

Hello richardred, Covered Calls don't have the premiums with SVNT like they did earlier in the year. So, I'm just purely long with a reduced basis now from the calls I had written before that expired. As the article you posted suggests, the lowest analysts seem to view $500-$600 million as a floor. But, I would guess that if we're looking at a decent revenue multiple, we should still see a stock price move when revenues come in. And then if there's approval to Europe and/or Asia, we should be looking at even greater revenues. I'm not looking for the world from SVNT, but I do think that its current valuation is low given its prospects, buyout or not. Thank you, Grant

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