Seeking Alpha

Philip Mause's  Instablog

Philip Mause
Send Message
My name is Phil Mause. I am a Senior Advisor with the Pacific Economics Group, focusing on energy, regulatory and valuation issues. I retired from 40 years of law practice earlier this year. I am a yield oriented investor and in the last two years, I have done reasonably well in junk bonds,... More
  • News Flash - EasyLink Acquired By OpenText For $7.25 Per Share 0 comments
    May 1, 2012 4:28 PM | about stocks: ESIC, OTEX

    At the close of the market, I saw a new report that EasyLink (NASDAQ:ESIC), which I have followed closely, has just been acquired by OpenText (NASDAQ:OTEX) for $7.25 a share. I will try to file another story when I have more details. My reaction is that this price is below the target I was hoping to hit with ESIC but, on the other hand, I am getting paid sooner than I thought.

    This is a reminder that private market value is not totally irrelevant when judging stocks and the stock market. ESIC was up 46 cents today and closed at $6.36.

    Disclosure: I am long ESIC.

    Stocks: ESIC, OTEX
Back To Philip Mause's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.