I am certainly buying tomorrow what an opportunity when you can buy a stock for $11 and 3 months later
it is being sold for $25 in a buyout
Carl gets what he wants probably $25 price tag
FIO is only weeks away from being bought these quarterly results means FIO has to accept the buyout
A Fusion-io (NYSE: FIO) takeout would likely be valued at $22-$27 based on recent flash M&A, said Pacific Crest. Speculation about a Fusion-io takeout has increased since Western Digital Corporation (Nasdaq: WDC) said it would acquire Virident.
Pacific Crest has an Outperform rating on Fusion-io with a price target of $17.00.
The famous investor Marc Faber believes that Apple is a problem the company that makes many " frivolous " products and therefore may be directed towards bankruptcy.
" Apple shares are those you are not interested ," Faber said in an interview quoted by Business Insider. " I'm not saying that they will sink , but may get there eventually ," said another prominent investor.
According to Marc Faber eventual fate of Apple has a similar example from the past.
" It's like a Polaroid of the 70s . Eventually she , like Apple, has been founded and led by renowned innovator who eventually left her," recalls Faber.
"Dr. Edwin Land, who is the founder of Polaroid, was the owner of more patents than any other in the world," said Marc Faber.
1982 Land left his seat on the Board of Directors of Polaroid, and subsequently dropped from his research position at the company. In 2001 and famous for its production of sunglasses company filed for bankruptcy protection and continue to sell its assets.
The odds of Fusion-io getting acquired are much higher” following the Western Digital-Virident deal, Srini Nandury, a New York-based analyst at Summit Research Partners LLC, wrote in a Sept. 9 report. “Seagate should acquire Fusion-io for its technology and the progress it has made in establishing the server side flash market.”
Fusion-io’s revenue is still projected to climb 83 percent by 2016 to $790 million, according to analysts’ estimates compiled by Bloomberg.
EMC Corp. (EMC), the world’s biggest maker of storage computers, may be among other potential bidders for Fusion-io, Seyrafi of FBN Securities said. Dave Farmer, a spokesman at Hopkinton, Massachusetts-based EMC, said the company doesn’t comment on acquisition speculation.
“It’s not like Seagate’s the only one that would be interested,” Seyrafi said. “Fusion-io’s attractiveness as a takeout candidate has increased. It could be valuable within a larger entity.”
3:51 PM EDT
ramsey downgrades CMG to underperform target $185
with the beef
CMG food is not edible