7:04AM Saba Software highlighted in Business Week as takeover play (SABA) 3.25:
According to Business Week, several analysts remain bullish on the maker of customer relationship software following its steep price decline, and think co could attract a buyer at its knocked-down price. One hedge fund manager is convinced that either IBM or PeopleSoft will end up buying Saba. Thinks co is worth more than $10 per share in a buyout, but believes co won't sell unless the price is much higher.
SABA geht schon vorbörslich einen Dollar hoch...
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According to Business Week, several analysts remain bullish on the maker of customer relationship software following its steep price decline, and think co could attract a buyer at its knocked-down price. One hedge fund manager is convinced that either IBM or PeopleSoft will end up buying Saba. Thinks co is worth more than $10 per share in a buyout, but believes co won't sell unless the price is much higher.
SABA geht schon vorbörslich einen Dollar hoch...
