Everyone is bringing up irrelevant points. All that matters is will there be more buyers then sellers going forward, thus pushing the stock higher, or vice versa. It's clear to see that the volume in HOLX has totally dried up, the stock has no visibility or interest whatsoever. I believe this is a huge positive for the stock (I couldn't care less about the company, my only interest is the stock). Those holding the float obviously believe in the value proposition however you care to define it, be it the book, be it the tangible assets, be it the buyout possibility, be it the core businesses generating cash, be it the huge potential of digital Xray. I believe these people are holding long term, they sure have had ample opportunity to sell. Considering the women's health issue thing, I believe that HOLX will continue to receive visibility in their core businesses, bringing in new investors siting this again, as a value play however they care to define that in their eyes. The extra kicker of course is I believe HOLX will receive ongoing significant visibility from their digital unit, which again, will in turn bring a steady stream of new visibility to the company.
Net - Net: Whatever you think of HOLX the company, it sure looks to me like HOLX the stock is going higher regardless of an arguments made pro or con.