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Entries Tagged ‘IBM’

Portfolio Update - I’m making some money!

I’ve updated some existing positions since I last added info to this blog, so here’s a recap:
JAVA:
Deal to be bought by Oracle instead of IBM.  (Approved by shareholders on July 16, 2009). New offer price: $9.50/sh cash.  Not sure on deal close date, so I will assume 12/31/2009.  My entry was $8.20.  I decide to [...]

Buying Sun (JAVA) While There’s Still a Gap

IBM is in talks to buy Sun Microsystems (JAVA) “sources with knowledge of the matter said.”
“International Business Machines Corp is offering to pay at least $6.5 billion, or double Sun’s Tuesday closing price of $4.97, The Wall Street Journal reported online earlier…”
“Sources say talks could still fall apart, but a deal could go through as [...]