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IDEARC INC Message Board

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  • InvestmentGuru2001 InvestmentGuru2001 Feb 11, 2008 2:34 PM Flag

    Watch IAR closely

    I don't think mid 20s. That woud be one hell of a premium, given their debt. However, I think $14 a share is a top end price for a private equity firm, looking to do a lot of layoffs, maybe some consolidation, and a little bit of market expansion. The private equity would look for a buyer (after they've turned the company around) at about $20/share. But that's at least 4-5 years away. In the interim, I bought a ton today at $9.43 and plan to be out at around $12 within two weeks. I'll take 20% short term anytime.