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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

04/14/15 at 2:27 PM CDT

 

 

READ: 8

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Sentiment:

Neutral

Reply to:

MSG`#2500,`04/14/15
By Jam ok

 

Re: ALU's move is on continued speculation of wireless consolidation ...

Thanks for the kind words. I would not suggest to anyone to add or start a position, it would be too risky.   The market now is gauging what the price may be, from the trading and price movement today, I would say NOK is probably going to make a bid in the 5s.   I would have preferred ALU sells the Wireless only and fixes itself and makes a run to the 7-8 area, I think it would be possible.  That said, I hope analysts have the value of the wireless division way too low.  Most companies in the sector are selling for 2 times sales, why would ALU sell a division for only 0.55 times sales??

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