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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.740-2.3%3:56 PM EST

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To: richardred who wrote (2317)6/15/2011 1:17:45 PM
From: richardred  Read Replies (2) of 7243
 
Update-Bullseye a couple of days ago. Second takeover this year ELMG--EMS TECHNOLOGIES INC. A nice triple digit percentage gain from my initial stake last year. :+ ) No unrealized losses booked yet this year. Due mainly to sizable positions in UFPT, TDC, CCMP,and ELMG. My best dollar gain year since 1987. That was mainly invested in 2 daughters going through pre-k through 12th grade catholic schools. The last daughter finally completed this year. :+ ) With self college loans. I guess I'm finally be buying something for myself near and dear to me. A new Zero turn lawnmower.<G> The reality part. I have some unrealized losses in a some positions that will eventually have to be addressed before years end. Depending upon market conditions. Looking to double up positions, buy some far out calls, or write puts in some of my dogs I think are worth keeping. I'll book any sizable losses this Fall, or before the end of November to offset gains. SVNT & XTRX are my biggest dogs. IMO, I think they are worth keeping. Portfolio is about 30% cash. Not to excited about adding anything near term, but conditions can change quickly. I'll be back on this board this fall unless I happen to catch another takeover. Good luck to all who look in.

Richardred

Honeywell to Buy Mobile-Computer Maker


BY MELODIE WARNER AND ANDY PASZTOR

Honeywell International Inc. agreed to buy mobile-computer maker EMS Technologies Inc. for about $491 million, a move that expands its mobile-computing business into the warehousing and port segments.

Honeywell's $33-a-share cash tender offer is a 33% premium to EMS's Friday closing share price of $24.80.

"Honeywell is uniquely positioned to acquire EMS due to the strategic fit across EMS's Global Resource Management and Aviation divisions," said Chairman and Chief Executive Dave Cote. "The acquisition brings engineering expertise, differentiated technologies,

online.wsj.com
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