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Friday, May 30, 2008 12:50:48 PM
Do I think that RD (and the rest of the COR IP) is worth a lot more than a buy-out of COR @ $3?? Hell yes! But, I think that it will come to fruition from the aquiring company.. I probably will do almost the same thing everyone is thiking of doing and riding the potential of COR's technology way past a COR corp. pps of $3.. I'll just do it by owning shares of a much larger company..the company that buys COR and has the $$ to develop the technology.. get past the FDA, market the product.. etc. etc..
Also, I never put the weights you put on my predictions..
I think a good RD result, with a buy-out in the high $2s/low $3s is about 75%.. chance that it'll all go to crap and I'll lose from here.. 1%... somewhere North of $1 when it's all said and done.. 24%
So the upside from here from my perspective is very high. that's why I doubled up in the .50/.60 range,.. that's why I hold today feeling pretty good..
Cheers!
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