$4 billion of cash on their balance sheet sitting there doing nothing
How about picking up a little VD for $18/share? It would consume only 15% of their cash and make me a happy camper
The activity today shows some anxious buyers and smells like a buyout. I'm not sure who it is and when it will come but something is brewing.
Ken has got to be thinking about retirement...the guy is what, 70?
new to VDSI but been following for a while. This will eventually get bought but Ken's ego may prevent it....either way a hostile offer should yield high teens