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There is no change to our view that the industry remains a focus of consolidation, driving upside optionality, with Smiths Medical subject to two commercial offers within the last three years...We think there remains an appetite for US companies to continue to purchase...medical assets [outside the US] – the recent $500m GE Vital Signs acquisition by CareFusion being a case in point.
Lehman said recent checks indicated strong demand for 300 mm wafers driving upside potential.
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That is, regardless of the path chosen, you're racing against karts that are driving upside-down above you.
Interestingly when announcing the higher guidance, Lattice said thered be no public conference call to elaborate, but the very same day they appeared at an investment banks tech conference, far from public view, and went into great detail on what was driving the upside.
Guess which exercise among the following was not conceived of by Katz and Rubin: shower with your eyes closed, brush your teeth with your nondominant hand, wear earplugs to your family breakfast, wear mittens while driving, turn your family photos upside down, shop at an ethnic market, eat waffles for dinner.
While we fully expect sophisticated investors to complete thorough due diligence, enthusiasm for exceptional upside is clearly driving valuations higher in some instances.
"This is being driven by the kind of people – disabled people, families, carers – that the authorities say they will consult, but instead of being consulted, we're driving it; we're turning it upside down," says Neary.
And for Annie, whose Raymond is driving her crazy... you may have it upside down and backwards.
What is driving the market and when do you expect to see real upside?
The Undertaker backdropped out of a piledriver attempt on the steel ring steps and grabbed JBL, turned him upside-down and dropped into a kneeling position, driving JBL's head into the steel steps, making JBL bleed from the head.
And for long-term upside, electric cars must catch on with the world's driving public.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com