Thursday, September 21, 2006

Lack of Posts, Facebook still in Play

I'd like to appologize to all those normally enlightened by the Blog for not having posted or anything since June.

For compliance reasons, my job more-or-less prohibits me from commenting on any company, regardless of whether I have any material non-public knowledge.

Likely this will be my last post in which I mention a specific company for some time, so here goes:

Facebook's still in play, as I had originally suggested back in April (see the "Disney's LoJack for Kids" post), and all signs point to them getting a price well within my estimated range of $900-$1,300 million. I am fairly certain also that one of the commonly suggested "strategic" buyers will step up to the plate if for no other reason than being left behind while a competitor swoops in for the kill.

Fear is one helluva motivator.