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Author: sky1948 Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 768  
Subject: Re: Offer recieved Date: 3/20/2009 5:08 PM
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I received Roche's new offer today for $95 per share. But we only have until March 25, 2009 to decide whether to take action.

For the last offer Genentech sent out a mailing recommending we not take the Roche offer as they believed it was too low. I'm wondering what Genentech thinks of this offer, but with the deadline of next Wednesday there probably isn't much of a chance that we'll hear from Genentech.

So what are your thoughts about this one?

Razz, on 2/25/2009 you said,"I am putting in my limit sell order for $95.00 - that will give me 15% gain. I almost sold a few months ago for $99. I am not sure we will see that price again soon.

I am build ing cash right now.


Are you taking this offer, or do you have hope for either a better offer or that the share price will increase above $95 even if Roche's offer doesn't?

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