ready for takeoff
will draw a takeover by a bigger player soon
putting that 187 million in tax losses to work! mid teens coming
keep hearing its GOOG that has made offers for DATA
either way there are multiple interested parties trying to get this valuable company for the huge potential market its in.
Monsanto doesn't want their competition to be able to create new seeds with this technology and compete with them! BASF and SYT and DD all will want this technology advantage to themselves. Bidding between them to get it.
it would put them under!
low 50's today
the fact they are using credit line to continue repurchase of stock and inventory build should be the real red flag at a time when sales are slowing.
reading through the conference call on FOSL it sounded dismal at best. The cash flow is being used up and added leverage taken on to restructure and buy back stock to keep the numbers up in light of sales falling in Europe and Asia both. They mention sales through outlets and I think they are dumping and discounting to move inventory. It did say that they will not be buying back as much stock going forward as i'm guessing they don't have cash flow or debt capacity to continue with aggressive repurchasing. They even admit that the clarity for the third quarter is weak.......I didn't see anything positive!