Frankly, if even January 15 comes and goes without a CPQ/ASND
deal, I'd stop beating the CPQ/ASND drums. It would seem that the
next potential buyer -- if there were such a buyer -- would be LU,
and not until 2Q or 3Q.
Gary,
Interesting theory. So, why not load up on Dec 30 calls for 1/4 or
even Jan 35 calls (1/2)? Could turn out huge on the upside. If
ever you're gonna speculate, this would be the time, aye?
I've been stuck in ASND for a while now, with an average of just
under $40. Wrote some longer term calls to lower my basis, and
am considering covering them at a small gain.
Another question for thought: what do you think CPQ's top 2 or 3
acquisition targets are now? Given you think ASND is possibly one.
Sounds like with $45 billion (and counting) of market cap's worth
of currency, CPQ could make quite a few more purchases.
Also, wonder what the CPQ buyout share ratio would be for ASND
shares? If it does happen, CPQ would drop some, and given a target
of upper $40's, it sounds like it would be near a 1 for 1. Given
that CPQ is gonna split in Jan, wonder if they'd wait until after
the split for any acquisitions or not?
Lots of food for thought.
Thx,
John Dodson |
