>It would be a time-consuming exercise, but I wonder if a more accurate assessment of a deal would be to compare the buyout price to a long-term moving average of a stock, or some similar rubric that considered the bigger picture.<
Dew- I've been thinking about this lately re GTCB. "
Several of us on the JAV board are asking the same question. It appears that value decline breeds the hope (desperate, IMO) of a juicy deal to reinflate shareholder value and allow a return of investment to above water and also be done with the risk in one fell swoop.