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Old 11-01-2004, 10:27 AM   #1
AlienQ - BANNED FOR LIFE
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Investing

Interesting Melee with PeopleSoft and Oracle.

Oracle put the Buyout to 24.00 Per Share and People Soft looks like they are still holding out on the offer, though Oracle put in 26.00 Per Share before and PeopleSoft terminated A CEO for being a dick during the Buyout Process.

Easy Money on this one.

Shares are $21 at People Soft right now.
As long as they do not settle for less than the current Stock value...

Bling bling. Its a no brainer.


Last edited by AlienQ - BANNED FOR LIFE; 11-01-2004 at 10:29 AM..
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Old 11-01-2004, 10:30 AM   #2
strobi
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shares at peoplesoft are 22.93 now... up 10% today.
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Old 11-01-2004, 10:34 AM   #3
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Also the Antitrust Issue has been taken care of in Both the USA and Europe solidifying Oracles Bid to PeopleSoft.

So the road is clear. I doubt anything will actually happen till December, but I do think 26 Per Share will be Oracles final offer.

Oh...

Oracle Also can destroy PeopleSoft if the Buy Out does not happen since Oracle is in the position to do so strategically.

PeopleSoft's Exec's arent stupid they are just holding out but I am very sure they will come to the table last minute.

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Old 11-01-2004, 10:35 AM   #4
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I wouldn't say it's a no brainer, this deal has been going back and forth for years, something could still go wrong. Definitely an opportunity.
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Old 11-01-2004, 10:37 AM   #5
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Quote:
Originally posted by Rich
I wouldn't say it's a no brainer, this deal has been going back and forth for years, something could still go wrong. Definitely an opportunity.
True but that was when there were Anti Trust issues to resolve. Those are clear now. I am about to make my biggest stock Purchase ever and I am sweating this one.

I not done it yet...

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Old 11-01-2004, 11:00 AM   #6
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Done.

Anycare to speculate which I invested in?
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Old 11-01-2004, 11:04 AM   #7
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Make sure you put a 'stop' on it. It won't cost you anything and you'll have a some insurance.
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