RFID, NFC and QR code Technologies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : RFID, NFC and QR code Technologies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sorenk2 who wrote (328)	1/18/2004 2:27:00 PM
From: Glenn Petersen	Read Replies (1) of 1712

Savi would be a perfect candidate for an IPO this year. They appear to be profitable, or close to it. You are correct in observing that the problems associated with cargo containers are going to be a significant political issue this year. Two other IPO candidates would be Matrics and Alien. Alien will probably wait. If I am not mistaken, they have stated that they will not be profitable until 2005. I expect to see a few reverse mergers in this sector this year. RAE looks interesting but the current valuation seems a bit out of line. BTW, I was looking at their SEC filings and was surprised to see that they went public via a reverse merger in April 2002. The old Nettaxi shell. EXEE is being purchased by SSA Global Technologies. biz.yahoo.com EXE Tech Sale: EXE Shareholders Approve Deal Friday December 19, 1:40 pm ET DALLAS (Dow Jones)--EXE Technologies Inc. (NasdaqNM:EXEE - News) shareholders approved a plan to sell the company to private software concern SSA Global Technologies Inc. for about $47.3 million in cash. In a press release Friday, EXE said its holders will receive $7.10 a share, which represents an 18% premium from the company's last preannouncement closing price of $6. The companies appointed EquiServe Trust Co. N.A. and EquiServe Inc. as the paying agents for the merger consideration. Chicago-based SSA Global is a closely held buyer of software firms and EXE specializes in supply-chain management systems. EXE Technologies will operate as a unit of SSA Global and its shares will be delisted from Nasdaq and deregistered with the Securities and Exchange Commission (News - Websites) . Shares of EXE recently traded at $7.08, up 3 cents, or 0.4%. Company Web site: exe.com -Andrew Wallmeyer; Dow Jones Newswires; 201-938-5400

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next