Like I stated in my previous post. $21 to $32 is where I believe the share price should be. Now on a buy out takeover scenario I believe the high end $32 to $41 is cheap. Year over year growth is fantastic. Some major with their already developed inroads should be able to explode the growth like never been seen before. I just trust that 8x8 will not be sold at bargain prices. 8x8 is going to grow with or without a buyout. Can those interested companies lay claim that they can and have been growing like EGHT? I doubt it.
Comms firm 8x8 jumps 9% on report it's exploring sale with bankers
Feb. 24, 2017 3:42 PM ET|By: Jason Aycock, SA News Editor Comms firm 8x8 (NASDAQ:EGHT) has vaulted 9% on reports that it's exploring a sale.
The company is reportedly working with Morgan Stanley to explore the prospect. Reuters cites sources who say 8x8 could sell to another firm or to private equity.
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