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I was just about Dell and the big news hopping in the last hour so that breaking news -- this report that the check -- isn't.
Preliminary talks about going private but there are reasons may -- that we should be skeptical who else is on it.
Who is now morning it's highly Helen liked the look by the way thank you know.
But and I have good friends over Bloomberg good people over there -- very good reporters I will say this I'm skeptical about the story and why am I -- -- about it.
Because I know the ultimate sources of this story is I think people -- -- -- to me this is an investment banker driven story.
And it's not coming from the cuts from the company when I understand this is coming from.
Bankers who were pitching deals on this and I will tell you that if you believe that investment bankers.
You -- you believe okay that every single company is in place.
Every single company is -- -- About mergers.
Every single company is going private they're talking about going private.
What out how are they talking well they're talking because an investment banker is popping the question and maybe there are some preliminary considerations.
We should point out the difficulty of bringing this -- get back to the sourcing and -- I'll go through something in -- minute.
This is an eighteen billion dollar market cap company it's a fairly mature company.
In order you have to expire at -- apartment private equity firms buy the ticket -- take -- private.
The reason they do that if the -- for something greater.
Right you think -- I just are they going to be able to sell this thing for more money.
Down the road is in -- and a maturing business I'm telling you I'm I'm skeptical from that's Tampa but I intelligent.
The people that a picture distort our investment bankers and -- funny I was seven -- -- -- although conversation Randy -- is the the the president of the Yankees who mentioned to me how -- investment banker point of the story about how the Yankees were up for sale or piece of them were for sale.
And you know.
And they were they were talking about it -- you want to talk was the best record corn up Randy Randy -- on my interest -- As the dollar -- so there were talks about taking them to about go to that the Yankees you know selling -- I'm telling you.
This has the smell of that situation now.
If you're an investor out there you take what I'm saying you take look forward saying you make up your own mind I'm not saying you're wrong Troy -- this is -- private tomorrow I'm just saying.
That you remember it being taken -- company -- like this is a big is a big lift and the source here is not Michael Dell.
It is it is an invented -- are they're bankers who who are desperately desperate now.
Looking for deals so be very careful about this and I remain dubious.
I if this thing happens.
I mean it's possible but.
It just sounds.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- By Hewlett-Packard.
Then what is a private equity.
What what is to gain from the in this changing hands and going private -- the end greater pulled in stopped and right couple of bucks right but he's exactly yes and you know.
As he stated we don't have the market they need the owners say we don't have the market.
You know we we we don't we don't the word -- the market judging us on a daily basis we could -- we can grow the company but I'm saying you've got to think.
What is the chances that this thing is going to be able to grow enough to make it worthwhile for private equity firm that's one thing to be very dubious about.
But number 2 I am telling you.
The source here.
Our investment bankers.
And if you believe investment bankers every single stock every single company right now he's thinking about going private.
-- looking to merge looking to -- looking to buy something major in the this.
I don't much saying that there has been talks between bankers.
And private equity of bankers and -- about gold price I I can't tell you I I believe there have been based on what I've been reporting.
When I'm being honest -- it.
This is the I dubious no action is said though is that they're desperate for deals right now about this weird quiet period right now -- -- -- debates coming up but otherwise.
Quiet out there but it's also invest bankers what are they going.
If they're talking to Bloomberg reporters I don't live there well they told everybody but it -- a what are they going to look at for deals.
Maybe they -- -- Will -- sadness you know I'm saying I mean.
I'm just saying from for this to be real.
You need more than that you need you know people really sit down talking numbers.
Not just some guy may get a call have -- some very preliminary conversations we might we should point out that I don't think Bloomberg I don't know Bloomberg -- -- -- we're pride I didn't.
I don't think they think they called the preliminary and I I think they're OK and effect you know I've I've might have -- the story -- I'm just telling you that.
You know to take go there and did -- what what's this.
Uncle and a artful bucks and something ours is a big percentage jump you might huge we will -- -- -- solves pilot is -- actual dollars actual that was it up.
It's up but at epic it was 889%.
Undersea friends intimate and I don't Eric I think overnight that -- percent -- Carroll street I got involved has just because it's.
The markets the markets it is actually coming down a little bit as we're talking about this couldn't I I would just say if you're an investor out there -- you're gonna play this.
Be careful aren't telecast for -- -- thank you very much appreciate it good -- are.
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