A hostile acquirer now has everything he needs in place to perform a hostile takeover.
o He can use ECD's cash to leverage his buyout o Stan/Stempel out of the way o BOD rolling over o shareholders eager to sell out of a nightmare o employees laid off, pliable, unhappy, eager for new leadership o UBS/Sachs already circling the bleeding leg Cobasys, eager buyers flush with cash like toyota, Exxon, etc. o Numonyx wanting other leg Ovonyx, eager buyers flush with cash like Samsung, Intel, STM, IBM, etc. o Unisolar undiscovered due to sales incompetence - eager buyers flush with cash Utilities, Gas/oil, GE, etc.
NOW is the time the hostile acquirer would be most likely to strike, offer say $70/shr, gain board approval, split up the pieces, sell them off for a profit to eager companies flush with cash, and pocket the difference.