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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.910-0.3%3:01 PM EST

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To: richardred who wrote (4819)5/18/2018 10:05:43 AM
From: richardred  Read Replies (1) of 7240
 
Added to CPB on the drop this morning. IMO Eventually the interim CEO will be replaced with someone more in tune with today's food business. The appliance business just doesn't cut it IMO. GIS like Campbell's just added a big acquisition. I have little doubt Campbell's overpaid for Synder's/Lance. Did GIS overpay for Blue Buffalo. I think so. I'm thinking possible upside on a more new in tune CEO naming . IMO Someone like former CEO of WholeFoods Walter Robb would install some confidence in this company. An investment by W. Buffett would also help with confidence? He usually doesn't like poor performers, but he does take chances sometimes. Canned Soup stores well, so I'l have time to wait and see if thing are better in the colder fall season. There's alway's the possibility I'll have to throw it out before the expiration date.
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