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Public 3SOF Boards => Previous 3SOF Picks => Topic started by: David Randolph on May 15, 2005, 07:30:15 PM

Title: NSDA
Post by: David Randolph on May 15, 2005, 07:30:15 PM
Nassda Corporation (NSDA). The Group's principal activity is to provide full-chip circuit simulation and analysis solutions and software for the design and verification of complex nanometer-scale semiconductors.

Synopsys has made an offer to acquire NASSDA for $7 a share back in December 2004. 60% of NASSDA's shareholders agreed with the offer and the price so there was no doubt the deal was coming through:

(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=224;image)

But, if that's so clear, why on Friday's session NSDA closed at $7.14 with explosive volume? Well, I don't know, but this demand shows there's something on the stock. And that something is bullish. That's enough for me to know, I don't like to know all that much about the stocks I buy, I might fall in love for them ... and love in the stock market might cost you a lot of money (even more than with women  ;D)

If I buy now I have a $7 floor (or 2% risk, assuming the open is near unchanged) and unlimited potential because there can be a war in the backstage for NASSDA control.

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Title: The stock doesn't trade anymore ...
Post by: David Randolph on May 16, 2005, 10:20:39 AM
... it was bought up by Synopsys after all. Not exactly on fire :P