W--
Oh yessss, PLEASE a buyout! We won't, of course, know till it happens, if it happens, but I haven't lost hope. Eric may have a point, but I don't entirely agree with his objections. A statement like: "the company is not for sale" is essentially meaningless. No, they haven't hung out a sign, so in the literal sense it's true. Does this necessarily mean they'd object to being purchased for the right price? I doubt it. I haven't talked with Peter Troop and so don't know what exactly he's said to those who have, but if it's just that NOVL's not officially on the block I wouldn't pay too much attention.
Company representatives cannot of course mislead investors without incurring the risk of a lawsuit. But 1) if NOVL is taken over at, say, 22, who among us would be silly enough to object?, and 2) as I understand it, buyouts and mergers must in any case be approved by a vote of the stockholders, so in a practical sense it doesn't matter much WHAT anybody says at this point.
Janice |
