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Technology Stocks : NVT - Source of GPS Software, Data, and Maps -- Ignore unavailable to you. Want to Upgrade?

To: tech101 who wrote (204)3/17/2008 11:41:20 AM
From: tech101  Respond to of 211

Re: No knee-jerk, 1 of 2 things will happen....

17-Mar-08 09:42 am

Fly on the wall was attributing comments to American Technology Research's analyst Rob Sanderson. Basically he said that if the deal didn't go through (and he thinks it will) NVT would actually be worth more.

I feel the same way. If you look at the last earnings release these guys are generating real dollars and if you believe modest earnings growth of 30% in 2009, with an concensus estimate of around 2.92 a 37x multiple gets you at $91 bucks. Looks to be like classic win-win, I either get the deal, or deal's off and I get more money.