Volatile is as volatile does, to borrow a line from the classic film Forrest Gump. On the plus side of swings today's ISDEX jumps 2.6% to 579 while the Dow get s slight haircut and the NASDAQ pops slightly as rate rising fears ease somewhat. The snapshot:
Beyond.com (NASDAQ:BYND) pops on no news but what I think could be a growing desire for larger commerce players to want to own an electronic-software delivery superstore. On valuation BYND looks like 10x annualized but what I forecast as 6x forward revenues with 2.1 million customers probably growing to perhaps 3 million to as high as 4 million by year end if growth rate continues at first-quarter rates.
Apollonius.Net - Wheless Chapter One::
by his credulous dupes, and would gain enormous respect and prestige: he could It is made up of a definite and deep-sated fear.
http://www.apollonius.net/wheless1.htmlHOME |
Security First (NASDAQ:SONE) decides to leap into the big leagues with a $1 billion buy of Europe's FICS, which makes software for banks. On the heels of that deal the Web bank software maker decides to snap up Edify for $17.87 per share or $345 million. Pro forma SONE will have a third of the world's leading 100 financial institutions using its service. Stocks plummet on soaring bond yields - Boston.com::
A surge in Treasury yields rattled Wall Street Wednesday, forcing stocks to give up early gains and drive down the Dow Jones industrial average more than 140 points.
http://www.boston.com/business/markets/articles/2007/06/20ome_depot_buyback/?page=1HOME |
Relatedly, finance software maker Intuit likes what it sees and invests $50 million, or $51.50 per share, for 2.5% of SONE. Deal swirl which makes sense in this unabridged sector. At $637 million market cap for SONE I don't know why Intuit stopped at 2.5%. To me Security First has taken a big step and raised its profile and leverage.
Obama Does the Switcheroo(s) : NO QUARTER::
I take that back. He is a lot worse than the typical politician. Even if he loses, he can still gain power by financing his PAC to buy other
http://noquarterusa.net/blog/2008/06/20/obama-does-the-switcheroos/trackback/HOME |
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 Etoys IPO Tops Upcoming List of Offerings
 CyberStream to Power "Internet in the Sky"
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