SI
SI
discoversearch

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 : Merant - MRNT (formerly MIFGY)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Arrow Hd. who wrote (172)6/21/1998 3:59:00 PM
From: Ian Burton  Read Replies (2) of 461
 
No steer to be found in the UK Sunday Business Papers - not a single mention from what I could see. Much focus on the G7 meeting - which should give all us investors a choppy time in the markets on Mon. morning.

As to MIFGY::
Long term potential good - assuming that they do a good job of the merger and keep key staff. Further acquisitions in the short term may result in indigestion and may not be a smart move. I guess that the MIFGY/ISLI merger will take about 1 year to complete.

Shorter term - given the size of the merger the stock price may move on newsflow that signals how the merger is progressing. MIFGY do not have good PR ability and know how to manage The Street.

I feel the merged entity is worth a multiple of 25 now. Depending on what P/E to assign to ISLI (given that they have had only 1 profitable Q) - this could make the merged entity way undervalued.

Seems that the buyers were outnumbering the sellers at market close on Friday. Lets hope we see this continue into Monday and beyond
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News