Are you still following Lexar/Toshiba? Their ER is scheduled for today. This came out yesterday from CIBC. ads
Lexar Media: Settlement and/or buyout coming? - CIBC (LEXR) 4.54 : CIBC believes that the recent court delay and Lexar`s about-face could be a result of ongoing settlement discussions between the co and Toshiba. While court personnel indicated the post-trial hearing delay was for the parties` convenience, firm thinks it is possible the litigants need more time to hammer out a settlement. At this point, they believe Lexar`s IP has been litigation-tested and court verified, and as such, would be attractive to those looking to crack into the very exclusive NAND club. Firm says that two candidates with the most at stake, and the most to gain from LEXR`s IP, are Intel and Micron. Reiterates Outperform
