Given KNOT's assets, market presence, pricing power and the current stock price .... would this be an attractive takeover candidate? Yahoo needs something like this ... they are rumored to want Monster.com but I'm told that isn't likely. KNOT management expressed an openness to buy outs during the conference call. These assets seem undervalued but more resources may be needed to really exploit them. Any other buyout candidates or thoughts?
It was during the questioning late in the call...one of the analyst asked if additional resources would help them with integration issues of recently acquired sites and the response was that management was always open to those discussions. It struck me as a negative comment...why didn't they feel they could solve these problems themselves....but the fact that they said it made me feel that they were inviting takeover discussions. Seems to me I read a blog that suggested that too...but I can't remember where. I'm not trying to sell anything here...just sharing my impressions. Would welcome the thinking of others who may know the management and the company better than I.