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Cirrus Logic Inc. Message Board

  • melonsize melonsize Feb 24, 2014 12:43 PM Flag

    what if Apple wants to own CRUS

    Like any investors out there, we all want to buy low, and sell high, what if Apple wants to own CRUS, will it pay a hefty stock price of $25-$30, if Apple wants to play nice, yes, but if it doesn't, then what? 1st, dump CRUS as the provider, that's a loss of 85% of business for CRUS , so the stock price will drop 85% as well, for example, investors reacted to the SodaStream's pre-earning announcement. What is the stock price of CRUS at 85% lower, let's say $20, drop of 85% = $3.00, give it a year or two, then Apple wants to buy CRUS for double of what it's worth or about $6.00. Would this make investors at $3 happy? sure why not. Would CRUS sell at that price?

 
CRUS
38.14+1.34(+3.64%)May 22 4:00 PMEDT