Rediff.com is Ripe

July 17, 2007

As Charles Dickens said: “Ain’t I volatile?”.

Rediff.com (REDF) has been as moving with a vengeance over the past few weeks. Starting from an amazing earnings report in May, and then following the usual course of buyout and merger rumors, it has moved from a consolidation range ($16-19) to $27 during July 2007. Why?

First of all, it is once again about eyeballs. Rediff has 55 million Read more

Written by Andrew Horowitz · Filed Under Mergers | Leave a Comment 

Google for the Frugal

May 24, 2007

What makes Google so amazing? I mean, besides the sky-high stock price. If you didn’t know, Google has been quietly turning the world on - online that is. In particular, they have been creating internet based applications that rival the Googles Logotraditional programs on most computers - and doing an excellent job of it! What’s more, they are all FREE! ( I personally love their toolbar, the new iGoogle and integrated notebook for the browser - see below for a list of great Google apps)

A fresh announcement of the purchase of Feedburner for $100 million Read more

Written by Andrew Horowitz · Filed Under Long Ideas, Mergers, Stocks | Leave a Comment 

ValueClick - Buyout Potential Gaining Steam

May 21, 2007

NEW YORK (AP) 5/18/07 - Now that Microsoft Corp. plans to buy online advertising company aQuantive Inc. for $6 billion, investors and

analysts are wondering if competitor ValueClick Inc. is a prime target for a takeover of its own.

ValueClick, which some analysts see as the number-four player in the online advertising space, is the last man standing now that aQuantive and other sector majors have all been acquired in a matter of weeks.In Podcast # 9 and the May, 2nd “Special Edition CNBC Stock Picks” Podcast, I mentioned VCLK as a prime takeover candidate as the big boys of tech have been snapping up companies in this sector. Now, the last of the bunch still remains waiting to be picked up. Usually there is one buy per company and now that Mister Softy took out aQuantive for a significant premium, it seems to leave Yahoo! as the best candidate for the job of absorbing Valueclick. Investors are starting to think that there is some substance worth looking at as the stock has been moving up since Thursday, May 17th. On Friday, shares were trading up as high as $31.59 during the day and closed at $30. (in after hours trading it was up another $.50 to $30.50). As of this writing, the stock is now $34.50 (up $4.50 so far today). There is quite a good story Read more

Written by Andrew Horowitz · Filed Under Mergers, Stocks | Leave a Comment 

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