$20/shareStrong SaaS presence, robust growth, why not?
I am sorry... it is now 25... too late for 20... :-)
Based upon recent transactions of Rightnow, Demandtec, Taleo and SuccessFactors, average is about 6x of sales. $20 is about right. These companies aren't going to a 100% premium or there will be no deal.
$25 may be the initial buy out offer but competitive offers will up it to $30+. That's my story and I'm sticking 2 it.
The longer they wait the higher its going to be.