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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (1859)10/8/2007 2:46:08 PM
From: Paul Senior  Read Replies (1) | Respond to of 7254
 
ULBI: I gave up on that one and wrongly sold before its rapid ascent back in 2003. Stock has come back down. Financial numbers don't look good to me now, and so I'll pass. And I could be wrong again.
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Here's a possible combo situation fyi/fwiw: both battery related (charging systems) and also drone/unmanned aircraft (referring to your post today regarding TXT takeover of UIC): AVAV. I hold a few shares.

avinc.com



To: richardred who wrote (1859)10/9/2007 1:48:27 PM
From: richardred  Respond to of 7254
 
Motorola CEO Says Navteq Wasn't Good Fit
Tuesday October 9, 11:39 am ET
Zander Says Motorola Looked at Navteq but It Wasn't Strategic Fit

CHICAGO (AP) -- Motorola Inc. looked into the possibility of buying Navteq Corp. before rival Nokia Corp. struck a deal for the digital mapmaker but rejected an acquisition because it wasn't a good strategic fit, the cell-maker's CEO Ed Zander said.

"We looked at it and went on our way," Zander told students and teachers of the University of Chicago's Graduate School of Business on Monday. "We didn't even think about it."

He called the $8.1 billion price tag for Navteq "stunning."

Nokia is acquiring Chicago-based Navteq as part of its strategy to move into wireless applications, adding navigation services to the music applications it also is branching into.

"That's not our strategy," Zander said. "We are not in the applications business."

He also noted that "getting into the business of your customers" can be dangerous. Analysts have noted the risk Nokia faces of alienating wireless carriers -- its biggest customers -- by coming up with its own plans for mapping and music.

Zander also said his battle earlier this year with financier Carl Icahn was all business and not a personal grudge match. He said he still sometimes stops in to see Icahn when he is in New York, as he does with other large shareholders.

Motorola shares fell 44 cents, or 3.3 percent, to $18.29 in morning trading.

motorola.com
biz.yahoo.com