ASE is to strongly held and controlled by
insiders to ever make any strong sustained moves up, they
manipulate this stock like a child. If you get to 7 run and
invest else-where, I did and have gotten much better
return than ase could ever think of.
Possible alliance when I discussed, but now a
purchase by ASE of IDS security business looks more
realistic. When I discussed it was in April, I heard only
that possibilities were to be explored. Now, the
security division has been declared for sale, so that
should be the matter explored. Maybe it will and maybe
it will not, depending on the outcome of the
directors' meeting. If some heavy weight buys it, that could
be bad news for ASE.
They did have a board meeting on tuesday. The
dude seemed caught off guard at first and then when he
figured out I knew nothing he went into the
"long-scheduled" meeting routine. Nothing of interest at the
meeting he said......I wonder. Something fishy here.
The IDS July 11th release says
they shareholders adopted a poison pill against
takeovers at the depressed stock price.
12th analyst report says IDS has cash
Do you think merger or takeover by AS&E?
Go to IDSdetection.com, then to analyst's
reports, then to July 12 report. The IDS Analytical and
Security business is what ASE has its eye on. All I know
is that it was at the idea stage a few months ago. I
have no knowledge beyond that. They are mum.
That is interesting about the board meeting. Who
do you think would be a buyout
Maybe Heimann? That is the only company I could imagine
buying AS&E. They probably would not want any of the
assets in the USA, just the patents. Anybody here have
more information or ideas? EG&G?
This is a wild guess, based only on chit chat a
few months ago. Don't take action on it. I suspect
that ASE is considering buying some of the IDS
detection security system assets. IDS is in financial
difficulties and may not be able to take advantage of some of
its technology. To lag for a short period is death in
these technologies. I do not believe that we are going
to get bailed out at $20.
Not really sure what you mean. 40% is not a bad
return. There are other opportunites out there for sure
such as OIL, CSCO, etc, etc. But AS&E makes a nice
addition to a diversified portfolio. I especially like the
multiuse of the products (security and anti-drug, two
industries here to stay) that will protect against
IDSDETECTION.COM has the same pr firm as ASE and
overlaps the industries. The PR guys got me in for a bit
at 5 1/2, now $1.10 where I bought lots more. Added
more ASE recently when "SEcond Opinion" chart service
recommended strong buy at 5 5/8. IDS is worth a look see. Let
us know, if you get any facts. PR firm told me that
it is investigating the feasibility of some alliance
between the firms in some respects.