Friday, January 09, 2009

$95 for Genentech = Too Low

The Financial Times today reported that Roche was preparing a $95 bid for Genentech (Ticker: DNA). Another low ball bid in my opinion! Genentech will not sell out for cheap. Roche has to go over $100 for me to even consider giving up my shares in Genentech. Roche likes to drag things out, but they will eventually come to their senses and pay up.

1 Comments:

At January 10, 2009, Blogger zstock7.com said...

So that's why DNA keeps going higher and higher!!!

 

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