35% premium sounds more like it. However, now the BOD is saying "no thanks, raise it or else we invite WD to the party.
HOLD on to your shares this time. The BOD purposely let loose the lips because they know they have better chance of getting the higher offer if the price is bid up.
Agree. Why would OCZ sell below their 52 week high of $10.05 a share? They wouldn't. The problem is no one is going to be willing to pay such a huge premium for OCZ.
Sorry longs. This rumor will die with the rest...
Furthermore looks like STX price action stalled recently and they need to claim victory in SSD market so they can continue to rally. Getting OCZ for less than last public offering is a steal.