Replies to post #162 on AuthenTec (AUTH)

[56Chevy]

It's probably not a "cash" deal.

The Reuters source I used to post the info didn't go into much detail. My guess is it's a trade for stock. In other words you owned x amount of AUTH and you'll get x amount of AAPL.

They'll use $8 as the value of AUTH to make the conversion.

And people are willing to pay a slight premium above that to get those AAPl shares.

make sense?

AAPL is up almost 2% today so it's worth a little premium. ;)