Violin Memory (NYSE:VMEM)

CAPS Rating: 2 out of 5

Recs

2
Player Avatar reeshau (52.29) Submitted: 9/27/2013 1:29:51 PM : Outperform Start Price: $7.38 VMEM Score: -53.10

Violin just IPO'd today, with disappoint price movement. That's the stock.But the business is backed by some industry heavyweights (SAP, Juniper, and Panasonic are all investors) and this is an area where a lot of M&A activity has happened recently. Violin has the backing to make it alone, but a buyout kicker makes a sub-IPO price a better bet.

Member Avatar reeshau (52.29) Submitted: 9/27/2013 1:35:49 PM
Recs: 0

Sorry--make that SAP, Juniper, and Toshiba--not Panasonic.

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