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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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