Thursday, November 02, 2006

Short post

Just saw that STEL profiled as long on Sep 25th was bought by Oracle for about $13.5.
Of course, it is hard to imagine that we would hold it, but on another hand - it never fluctuated more the 4% on downside, today it would be 15% - not much, but some make it in a year sitting in mutual funds ( In GOOD year )
Is it just my imagination or we see pickup in M&As?
Night all