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Technology Stocks : Extended Systems Inc (XTND) -- Ignore unavailable to you. Want to Upgrade?

To: Labrador who wrote (369)5/18/2001 4:01:50 PM
From: rci  Respond to of 403
 
I haven't followed XTND for a while but I know it can be very volatile. It ran up to $10.64 from $10.02 really quickly, could it be short covering? Getting rid of the PALM anchor should be a good thing, huh? Good luck, JR



To: Labrador who wrote (369)5/18/2001 6:20:01 PM
From: uthabros  Respond to of 403
 
Try the next couple weeks and with a good market less time.



To: Labrador who wrote (369)5/20/2001 11:40:52 AM
From: Labrador  Respond to of 403
 
My near-term target is $12.50 within 3 weeks, giving time for the arbs to unwind their positions. $14 by July. Takeout the company by end of Sept at $18+.

I think that as a leader in Bluetooth technology [proven by Palm's due diligence], a take-out value for an acquiror to pay $250 million or less, is a decent price.


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