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  • cash_is_king_now cash_is_king_now May 14, 2006 2:28 PM Flag

    A good read about open source & BIRT

    Although ACTU has become more involve with IBM but there are other companies that have an eye on ACTU. Since ACTU was partner with Siebel and Peoplesoft, ORCL may want to complete its acquisitions by acquiring ACTU. BOBJ also joined Eclipse and may want to have ACTU to compete with othe BI companies. The point is that ACTU is still small but have huge potential. That's make it very strong acquisition target.

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    • I agree with you all regarding Actuate's potential value in a buy-out. I do think all of us longs have to come to grips with the correction we are now in the midst of. This is time to take a conservative, long-term view and forget about home runs -- for a while. If you look around the market you'll see all small and micro-caps got happered last week. That is abundantly clear. There is a huge flight to quality going on as we speak. We've broken stright through strong support on all the indexes I watch.

      What I'm simply trying to say is we now have to weather a correction. It has zip to do with Actuate. Everyone has to weather this storm of sorts. It's a healthy move for the market and it needs to happen to re-base us.

      So I just wanted to weigh in to try to reset some expectations. Personally I took an opportunity to move lots of my portfolio to cash last week. I even considered selling a bit of Actuate when it was driving down toward $4 - as it broke through the 50 day MAVG. I didn't do it because I want to ensure I qualify for long-term cap gains when I do sell.

      So we LONGs should just sit back, relax a little, and spend less time micro-managing here. Time will heal all. It always does.

      See y'all soon.

      Slow

      • 2 Replies to slownsteadi
      • Although I usually do not answer these new ACTU traders like slownsteadi but I try it this time.
        On the long weekend, I posted some links, which obviously described a bear market that is developing. Today, the market revealed some of its bearishness. This bear market eventually will affect the most stocks including ACTU. The amateur traders who bought in, thinking the market bottomed last week were surprised with this bear trap.

        Now about slow and his obvious alias shane. Well, you need to learn more and you cannot fool Pros. Weren't you who advised other posters to not give false hope of buyout just 2 weeks ago? How come you are advertising it now? This is one of your post

        Re: A good read about open source & BIR
        by: slownsteadi 05/14/06 02:46 pm
        Msg: 15902 of 16279

        I agree with you all regarding Actuate's potential value in a buy-out. I do think all of us longs have to come to grips with the correction we are now in the midst of. This is time to take a conservative, long-term view and forget about home runs -- for a while. If you look around the market you'll see all small and micro-caps got happered last week. That is abundantly clear. There is a huge flight to quality going on as we speak. We've broken stright through strong support on all the indexes I watch.

        What I'm simply trying to say is we now have to weather a correction. It has zip to do with Actuate. Everyone has to weather this storm of sorts. It's a healthy move for the market and it needs to happen to re-base us.

        So I just wanted to weigh in to try to reset some expectations. Personally I took an opportunity to move lots of my portfolio to cash last week. I even considered selling a bit of Actuate when it was driving down toward $4 - as it broke through the 50 day MAVG. I didn't do it because I want to ensure I qualify for long-term cap gains when I do sell.

        So we LONGs should just sit back, relax a little, and spend less time micro-managing here. Time will heal all. It always does.

        See y'all soon.

        Slow

      • I do not think if timing the market is a good way to invest. Market always goes though these cycles; however, investors should not lose the long-term view. NASDAQ lost more than 100 points last week that is about all its gain in past 6 months. Nas is not that much above those down days of 2001 and 2002. NAS was around current price since 2004 while most companies have improved their earnings significantly.
        I have been following ACTU since 3 years ago. ACTU is a different company now. ACTU got behind of other BI companies because of lawsuits and lack of developments. Now that lawsuits are behind, ACTU has a lot of catch up to do. Platform 9, BIRT and IBM relationship make it possible for ACTU to repair its past. Performancesoft is another winner for ACTU.
        If a company acquires ACTU, that is a bonus but ACTU can prosper on its own. After all, if investors do not catch these opportunities then buying high when the market is happy will not guarantee good investing either.