RSA Security Acquisition Is Bullish For ActivIdentity

Posted on June 30, 2006
Filed Under ACTI | Leave a Comment

Last night EMC announced the acquisition of RSA Security (RSAS) for $28 per share in cash or about $2.1 billion. After stripping out RSA´s cash position, it appears that the price paid for RSA was approximately 5X 2006 revenue estimates. This acquisition of RSA Security is very positive for all the players in the identity […]

>>Read More

MediaRing Ups Bid for Pacific Internet

Posted on June 22, 2006
Filed Under PCNTF | 1 Comment

Congrats to our subscribers who have held on to Pacific Internet (PCNTF). Today, MediaRing increased their bid for the company to $9.50 per share. As I mentioned in this post about a month ago, I think PCNTF is worth between $10-$12 per share, so this new offer is getting very close to my estimated fair […]

>>Read More

Up, Down, Up, Down…

Posted on June 12, 2006
Filed Under Investment Reflections | Comments Off

I really got a kick out of these three headlines, which were all written today:Oil Prices Rise to $72 a Barrel in Asia Houston ChronicleOil Prices Decline Despite Gulf Storm ForbesOil Prices Steady After Iran Reaction Forbes Ok, wait a second, so which way are oil prices headed? Bets anyone?

>>Read More — keep looking »