If someone is willing to pay 4X revenue for them...what is RDWR worth? Any chance they take the money and start buying shares of RDWR to eventually take it private? And then sell out? RDWR is under valued...RDWR had $200M in cash and cash equivalents...value is north of $50 a share
It is 2X of Revenue and the business is declining. RDWR has lots of positive momentum going for them except the weak markets. I like the company alot and we could see $50, but I don't know if they will take it.