Wednesday, May 09, 2007

TIE Excitement

About 2 weeks ago I wrote about my suspicions that TIE was preparing for a buyout.
Right or wrong, others seem to share my thinking. TIE Buyout rumors are flying.

Adding fuel to the fire, TIE's assistant general counsel (not even th egeneral counsel) sai d that nothing had been said by Executives. That is not exactly a denial.

That plus a short squeeze will push this puppy up to $40.

So lets play the what-if game. If it gets bought, expect a minimum 20% on $38.50 or $45. It could go as high as 40% - $53.

I plan on riding this and setting $40 as my minimum if it crosses that threshold.

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