Respironics Bought by Philips for $12 Billion…New Sleep Machine has Drip Coffee Feature

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  • on December 21st, 2007

Thank goodness I still own a little and wow good timing on my sleep post update yesterday . I did not add more as I talked about.

Respironics received a huge bid today from Philips and is up 20 plus percent. Nice.

Look for Resmed (RMD) to rise and keep rising. I am considering for at lest a trade.

Stick to trending stocks in the strongest industries and good things like this happen. A weak dollar just makes these acquisitions seem cheap for conglomerates.

This year PORK, Oakley, NVT, WEBX and RESP have gotten bids in my portfolio.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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