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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (19451)3/24/1999 9:59:00 AM
From: Jon Cave  Read Replies (2) of 90042
 
Tim, I don't think that FORE will be bought out. FORE being bought out while its stock price was at 13 would be like XYLN getting bought out when its stock price was at 10. My best quess is that FORE would want to be bought out at about $30 per share. The only way that I think that will happen is if FORE's stock is at 18 or 19 on its own. I don't think anyone will pay 150% premium for FORE. If FORE's stock was at 18 before the buyout speculation hit the market, I might believe it.

I really don't know. Just quessing.
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