HUM- you've been in the stock how long, besides TOO long and you don't even know for sure that a take out is in progress. Nobody does. THAT is how the pros acquire...they have an acquisition company- visit one if you can, it will look like nobody works there. NOBODY knows.
I like Analogic better than L3 ( after all analg. sells their tomo units to L3). Analogic has a very low float, a diversified, top of the line product offering and they might even be a better fit...for the TOT project. Think about it, 7.5 M shares of analogic for 200M ISC...take their float to under 20M shares and they are instantly accretive and synergistic. Plus, they could be a lead contender on the TOT project...