I'm going to link to Danny O'Neil's tip on this, which links to Don Banks' article. Because I reached it that way, read Danny's take first, and still found myself feeling the way Don Banks did. Now I didn't hear the tone, or the alleged sense of carefully choosing words, and I am not a fan of Don Banks' opinions.
I just hope someone outbids us. We have evidence that we've inquired strongly on guys before, and walked away when the price didn't come down. Even on this guy. I hope we don't do it.