TOP 100 FREEWARE AND SHAREWARE SITES
| |||
|
| |||
| |||
|
| |||
| Wall Street Beat: Tech Earnings Boost Confidence Oracle, RIM announce upbeat results as market forecasts offer cheer to IT investors this week. feeds.pcworld.com |
Apple Issues Mail Services Update for Snow Leopard Servers If you use the server edition of Snow Leopard, you will want to take note of a couple of updates recently issued by Apple. The first one is a 21MB patch that... feeds.pcworld.com |
CDC's Lowball Offer for Chordiant Brendan Wagner submits: Chinese software firm CDC Software (CDCS) just announced what at first glance looks like a pitifully low offer to buy Cupertino, CA-based competitor Chordiant Software (CHRD) for a "21% premium" over the past 30 days clsoing stock price.Well, somebody had some lose lips, as the stock traded up big in the couple days leading up to this offer: (Click to enlarge)That's not the main point though. CDC Software is offering $105 million for the company, or $3.46 per share. Trouble is, Chordiant has $50 million in cash & equivalents, per its recent 10k. So take that out of the offer and CDC is offering $55 million for Chordiant, or about 0.6 times annual revenues. Compare that to CDC's own valuation (also netting out its sizable cash hoard) of about 1.3 times sales, and Chordiant shareholders should be very skeptical.Complete Story » seekingalpha.com |
Alcatel Kicks off Green Networks Group Alcatel-Lucent is spearheading a consortium to cut network power consumption by 1,000 times. feeds.pcworld.com |
Delta's 13.1-inch Color E-readers Due out Mid-year Delta will start marketing a 13.1-inch color touchscreen e-reader mid-year that uses e-paper technology from Bridgestone. feeds.pcworld.com |