SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Trimble Navigation
TRMB 82.34+0.1%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: arun gera who wrote (2702)8/20/1998 4:34:00 PM
From: David  Read Replies (2) of 3506
 
P/S ratios of other buyouts has been more in the neighborhood of 1.5 or simply 1. However, I don't think those companies compare to Trimble. My thought was that the buyout might want to match the 52 week high, $24, to attract sellers.

Predators. Don't you get the impression Rockwell is shrinking from GPS? Some of these others have overlap in only one major market segment, e.g., Caterpillar = mining, Honeywell = aviation, Allied Signal = car parts, maybe aviation. If they bought, they would probably sell off other pieces. That doesn't make as much sense as a Lockheed or Qualcomm.

I still don't think this signals a takeover. It seems more likely to me that the Board was worried about a takeover at these depressed prices, but Charlie Trimble wasn't.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News