Monday, January 28, 2008

iflex- What a difference a year can make

Jan 28 2008 closing price if iflex Rs 1076.

I am looking at the Oracle Press Release
Oracle Increases Price to Rs. 2,100 Per Share for i-flex Open Offer

It is 50% fall + lost interest which puts the fall as 53%.....


Oracle Press Release

Contact(s):



Bob Wynne
Oracle Corporate Communications
+1.650.506.5834
bob.wynne@oracle.com

Suramya Gupta
DSP Merrill Lynch
+1.91.22.6632.8175
suramya_gupta@ml.com


Oracle Increases Price to Rs. 2,100 Per Share for i-flex Open Offer
Last Opportunity for Shareholders Unless i-flex Share Price Goes Down

REDWOOD SHORES, Calif., 07-DEC-2006 02:05 PM Oracle today announced that it has increased to Rs. 2,100 per share including interest and has increased to approximately 35 percent the number of shares it has agreed to purchase in the pending open offer of i-flex solutions (Bombay Stock Exchange: IFLX.BO and National Stock Exchange of India: IFLX.NS). The open offer price is a 42% premium to the original price of Rs. 1,475 per share, which represents the highest price paid by Oracle for shares of i-flex.

DEBT LOAD

2008 projected 25k
2007 30k
2006 20k

Year C H(P) Principal Paid

2008 13 109
2007 23 138

2006 0 158

Saturday, January 12, 2008

Market movements

Still, there are some things we can learn by looking at past crashes. At about.com, I recently ran across Dustin Woodard's review of our 10 worst stock market crashes. Here they are:

Began
Ended
DJIA Fell ...
Change

6/17/1901
11/9/1903
57 to 31
(46%)

1/19/1906
11/15/1907
75 to 39
(49%)

11/21/1916
12/19/1917
110 to 66
(40%)

11/3/1919
8/24/1921
120 to 64
(47%)

9/3/1929
11/13/1929
381 to 199
(48%)

4/17/1930
7/8/1932
294 to 41
(86%)

3/10/1937
3/31/1938
194 to 99
(49%)

9/12/1939
4/28/1942
156 to 93
(40%)

1/11/1973
12/6/1974
1,052 to 578
(45%)

1/15/2000
10/9/2002
11,793 to 7,286
(38%)


What to learn from this

Wednesday, January 9, 2008

2008 Picks

LUK
GE
QQQQ
INTC,CSCO
AMGN
HOG
C,BAC,XLF- May take long (like PFE) to come back again.
AT&T
VZ
ABB
American Funds for College Education
EFA
IVV,SPY
EWS
JOE

Monday, January 7, 2008

2008 Picks

LUK
GE
QQQQ
INTC,CSCO
AMGN
HOG
C,BAC,XLF- May take long (like PFE) to come back again.
AT&T
VZ
ABB
American Funds for College Education
EFA
IVV,SPY
EWS

Wednesday, January 2, 2008

2008 Picks

LUK
GE
QQQQ
INTC,CSCO
AMGN
HOG
C,BAC,XLF- May take long (like PFE) to come back again.
AT&T
VZ