business worth $18 at least look for $24+ in a deal soon, or a huge buyback, once in a lifetime opportunity for a #1 company
No debt? I see 999 million listed on yahoo, taking their net cash from 1.3billion to 300 million.
Yep, that's right. About a billion in convertible debt with a convert price of $31.18, making it for all practical purposes straight debt. So they only have about $1 per share in cash.
XLNX has done $1B buyback last year (I think) around $24 pps range!