Oct 12 2007
11:42AM
EDT
$6.66: The Number of the BEAS
Dana Cimilluca notes that Oracle is offering $6.66 billion exactly for BEA Systems, whose ticker symbol is BEAS. He asks whether this is a coincidence. The answer is that no, it isn't. It's another instance of tech CEOs being cute, a bit like Google's IPO being for $e billion, and then its secondary offering being for 14,159,265 shares. Whether you find this kind of behavior appealing or appalling is likely a good indication of your attitude to tech stocks more generally.
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