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Technology Stocks : Blank Check IPOs (SPACS)

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To: richardred who wrote (425)3/14/2006 11:34:47 PM
From: Glenn Petersen  Read Replies (3) of 3862
 
The Services Acquisition-Jamba Juice acquisition has attracted more press coverage than any of the other 15 blank check acquisitions that have been previously announced. SVI has a relatively high profile CEO in Steven Berrard, the former CEO of Blockbuster during its glory days, and with Wayne Huizenga, the co-founder and CEO of AutoNation. Jamba Juice is rather sexy compared to some of the other transactions. We won't know just how sexy it is until some financial statements are filed.

Over the last two days, the common shares, warrants, and units have gone from $7.48, $1.20, and $8.55 to $10.39, $3.95, and $13.50, respectively.
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