Great Cash Flow, Good Balance Sheet and Low P/E Make Incredimail a Prime LBO Target [View article]
I am long MAIL and I agree that MAIL is an attractive takeover candidate for the reasons you mentioned, but isn't the most likely buyer a strategic buyer/corporation? I wonder if any bank would lend money to an LBO firm to buy MAIL when the internet technology landscape is changing so quicklly...
If you like MAIL, you will love Vertro, ticker VTRO. It's cheaper, with a very similar business model. Based in NYC, not Israel, and it has a corporate level relationship with Google US. Very high quality traffic and it's tool bar is very easy to remove if you desire. Unfortunately, I can't say the same for MAIL's software, which I hear doesn't make GOOG too happy.
Incredimail Cracks the $10 Barrier: Where to from Here? [View article]
FYI, a few hours after this was posted, MAIL announced that its Board of Directors approved an interim cash dividend of $3.8 million, which is approximately $0.40 per share. Google Incredimail for full press release.
Great Cash Flow, Good Balance Sheet and Low P/E Make Incredimail a Prime LBO Target [View article]
IncrediMail Buying Opportunity: Stock Sales Misjudged [View article]
Incredimail Cracks the $10 Barrier: Where to from Here? [View article]
$3.8 million, which is approximately $0.40 per share. Google Incredimail for full press release.