The criteria is as follows:
-Stock price underperformance over the past 3 years
-Market Caps between $1-25 billion
-Net Cash per share/price ratios above 0.1 (meaning its net cash is 10%+ of market cap)
-Ex out financials, healthcare and ridiculous Chinese burrito scams
Here are my top candidates to go private and help generous bankers leverage up the balance sheets in order to, umm, generously pay themselves dividends under the shroud of secrecy.
3 Responses to If $DELL Goes Private, These Companies Might Be Next
DLB I like
yeah, I bot $DELL this morning at $10.91 …come find me, Mary Schapiro
I was a range trader of CDWC (www.cdw.com) for a year back in the day and it was glorious. Then they were bought out and my favorite range bound stock was no more!
CDWC is/was an excellent company. I cannot say the same of DELL. I work with DELL routinely and their systems are a god awful mess and they have been randomly buying storage companies like Charlie Sheen buys hookers.
Buying DELL is foolish. They have little innovation and lots of liabilities.