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Best Buy Co., Inc. Message Board

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  • ljiwin ljiwin Feb 5, 2013 10:51 PM Flag

    Anybody watch Dell stock?

    I disagree. I think the market has already bid up BBY based on a buyout at around $16. Don't forget that after the last announcement of continued declining sales despite their turnaround plan and suppliers demanding quick payments because of their credit downgrades that the stock dropped near $11. I think the market has now bid it up the anticipated 30% premium and I look for a bid for the company to come in right around the current price. The only question remaining is if the board has any hope of the company turnng profitable again. I think they will accept the $16 and be happy with their golden parachutes.

 
BBY
31.03-0.42(-1.34%)Jul 25 4:02 PMEDT

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