As it drops just keep averaging lower; below book value and lots of cash.
be patient. Another stock close to buyout is FDML and DHT ( selling below book values).
Icahn buying FDML every month; now owns 77% of shares (LBO ?)
Intel just cut its 3rd quarter guidance. This will directly affect Intersil's core power revenue forecast. Bell will have to acknowledge this fact at the next quarterly conference call. So....maybe more layoffs? Who knows!
Good question! Some of the senior management that's been there 40 years needs to go as well. Bell is a failure but the board will give him *more* slack than he deserves. Then they will dismiss him most likely. Just a guess on my part. Time will tell for sure.