It is strange that they haven't announced the date for the earnings. If they don't on Monday, then you may be right on something is up. I've always wondered why private equity hasn't picked them off and now with the Oracle lawsuit win and the IBM one highly probable, seems like for $300m you could get a company throwing off free cash flow of $35m to $40m a year.
Pete said on the Investor Needham CC, I think it was , they were looking at companies , but nothing in the works..or something to that effect.....Now being july 12th , we are starting to be out of character , on the anouncement for CCall....Time will soon tell.....
Richard, what other stocks do you like, particularly acq. targets?
I have been researching the market for the past several years and was fortuante enough to make $10k to $20k gains on BEA, JAVA, SKIL and SNWL when they were acquired or went the private equity route. I really like BRCD, NOVL, LM, LXK, RSH and ACTU and am tracking another 50 companies on trends.
I've learned the hard way that you should be happy to take any gain and move on. There are lots of other good companies to put our gains into. I could see Private Equity taking this thing out at $5.75 to $6.50 a share as long as the exec's are well taken care of.