SSD Start-Up Stec Up on Talk of IBM Bid
Crazy-ass rumor du jour
By Jean Jacques Maleval | April 29, 2010 at 3:04 pmTo read this article from Barron’s, click on:
Crazy-Ass Rumor Du Jour: STEC Up On Talk Of IBM Bid
STEC shares are trading a tad higher this morning on rumors that IBM (IBM) might bid for the company, Briefing.com reports. While anything is possible, it would certainly be a change of direction for IBM, which while always acquisitive has been more focused on buying software companies than hardware plays. To say the least, I’m skeptical.