Wall Street investors showed new optimism in the shares of anti-virus provider McAfee after financial analysts speculated it may be acquired by Hewlett-Packard. On Monday, shares in McAfee rose $1.44 to $41.57, the biggest gain in two months following a report from Friedman Billings Ramsey & Co. that an acquisition of the …
I guess they'll be be buying it at a substantial discount.
I'm not sure that even 100% discount would be sufficient. Maybe I just don't like McAfee. Maybe I have reasons, too.
With any luck...
...Post-acquisition HP will overhaul the QA practices of McAfee to avoid future fallouts from AV signatures gone bad.
(You know it's bad if a significant AV company has to resort to offering a cash payout to affected customers.)
HP + McCrappee?
A marriage made in Hell for sure.
That is going to help HP's relationship with Symantec
who they rely on for all the Veritas tools
Fill yer boots
HP's welcome to that bag o' spanners. Damn stuff clogs my corp PC build to such an extent I disabled it & had the beneficial side effect that I missed the crash inducing update last week.
Fail, big fail. Go HP.
Rehashed Rumours R Us
Sheesh -- this used to be the rumor about HP buying Symantec. Now it's McAfee. Anything to generate options volume in a slow market... expect a new rumor next week. Maybe it'll be HP to buy Apple. Or EMC. Or Tommy's (Sandwich) Joynt in San Francisco.
Paris... because she always knows what she's bagging.
Big fat b0rging machine
HP have only just borged EDS, and from where I'm sitting they've got a lot of work to do there. Whatever happened to NAI, anyway?
re: Big fat b0rging machine
EDS was acquired by the services unit in HP. Which is a 40-50 bill$ business and gobbled up a 10-15 bill$ business. Nobody in the PC unit of HP was probably even consulted for that move.
Now this is [if the news is true] going to be a purchase by HP's PC unit - which is again a 40-50 bill dollar business by itself. They have nothing to do with what's happening in the EDS world.
Big companies, like GE & HP, have several businesses managed by one corporate. This helps in cost cutting & branding and little else.
Paris, coz she's a little slim b0rging m/c.
Shite + Shite = bigger shite.
Thats is all.
Wall Street Blues
So McAfee shows the world and his dog how simple it is for an automatic update to con an administered system that it is an upgrade rather than an assault which immediately renders the perp apprehended and the whole member gang liable to ruinous expenses claims, and this is an attractive product for corporate purchase and ponzi market speculation?
I must have missed something to find that being anything of great value whenever it appear to be such a crock, but hey ........ sub-prime is king in some markets and thought to be real smart but that sure is a crock too and for dodgy crooks on the take rather than savvy investors on the make.
I guess Friedman Billings Ramsey & Co. need to install that
recall button. They must have written the report BEFORE last week's kerfluffle. Can't see HP buying McAfee anywhere near $45/share this year, no matter how much it helps them compete against Cisco. Which I'm not sure why they'd want to anyway since they don't exactly have similar market segments in the first place.
It's acquisition time!
DeWalt like to be the main guy, the big "playah" at companies. Being owned by HP would probably not excite him unless a substantial number of options were to vest immediately. An earlier person is correct. Symantec would not be pleased. Perhaps "individuals" at McAfee have some options vesting in the near future and an acquisition rumor could help bump things up a bit.