Maybe he is thinking security. If Nuance is on the ground floor of VR maybe the technology could be used to identify the individual. If that could be worked out just think of the possibilities, the only way to access bank accounts, or really any other account would require the persons voice through the smartphones or any other vehicle. I dont know much about the company does anyone know if this could be the reason.
No, my guess is that Nuance will be bought by someone at a significant premium, Icahn figures this and is just loading up while the stock is down. The fact that the stock seems to hold a straight line as it trades through the day on several days since the surprise ER (it traded most of today at $19.30), makes me think someone is accumulating a large amount, may be Icahn or perhaps someone else, but support from big money is a good sign.
I absolutely agree with you. Icahn isn't here for any long term investment. He wants a quick turn-over plan and simple. I think it will happen in the next 6 months to a year with Apple, Msft, or IBM buying them out. Looking forward to that since Ricci can't so anything with it.