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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 8.710-0.8%12:42 PM EDT

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To: richardred who wrote (2292)7/19/2010 5:58:08 PM
From: Paul Senior  Read Replies (2) of 7192
 
Looked again at COL, AVAV, HRS. They are too expensive for me (p/e), although maybe not for a strategic acquirer. Your post got me to consider Elbit Systems (ELST) which is trading near 12-mo lows and afaik, at about a 10-11 p/e. That one is cheap enough for me, especially relative to other suppliers of drones/electronic warfare technology. I'm in for a few tracking shares a/o this a.m. (I'm not suggesting this company is, or even could be, a takeover target, only that the stock might work for me.)
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