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Do you think acquisition of Red Hat. Will be a open winner for Monday or a decline in stock price?

Well it closed today (Mon) at $119.64, down $5.15 or 4.1%. So?

The market thinks they overpaid for Red Hat. A 63% premium to the prior market cap? Sure sounds like it. On the other hand, they're buying for the long term, not what the market thinks today. And if they do pay too much, that's an injury that will heal with the passage of time. In the long run, Red Hat's business will be a good thing to own. Only time will tell how good a deal this was.

Bill
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