No Joe for MANDA

The EU expressed objections earlier this morning to Oracle’s takeover bid for Sun Microsystems (JAVA) citing anti-trust concerns over its MySQL database.  Not willing to take any further risk, I sold the entire position in my M&A portfolio (MANDA) this morning for $8.25/share.  This represents a loss of 9.3%.  Bummer.

Note to Larry Ellison:  Maybe if you had treated the EU members to a cruise of the Mediterranean on your luxurious 450 foot yacht you wouldn’t be having this problem!

One Response to “No Joe for MANDA”

  1. Brad says:

    Sometimes you’ve got to take those losses and move on! I’m not sure if it will really make a great turn around in the long term…good call on your part. Can you email me, I have a few site questions.

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