Comments on: BEA sets buyout price at $21 a share

Oracle's offer of $17 per share? No thanks, BEA says again. This time, it's countering with what it sees as a better shareholder value.

[atulkumthekar]

does it mean "long live EJB 3.0 support?"

i think the subject says it all...
So will BEA be serious enough with serious EJB 3.0 Support?

[pchang77]

Risky game

Sorry, but BEA shot itself in the foot. The offer from Oracle was more than fair. While I understand that BEA was undervalued, was it worth more than $17 a share? No way. This deal is a week old, if any 3rd buyers were gonna make a move they probably would have done it by now. While it's possible that Oracle and BEA are using some of their shared backchannels for negotiations ( http://www.newsvisual.com/newsvisual/2007/10/oracle-and-bea.html ) I doubt Oracle is going to raise their bid. Although never say never as Oracle did raise it's bid for PeopleSoft.

[squawk]

About Time We Get Real

Finally an analyst (Di Bona) who's smart enough to give this deal a reality check. These other analysts pontificating that ORCL will meet BEA's absurd offer, or even "half-way" are somewhat clueless as the evidenced presented by the market.

Bottom line, if BEA had another offer or is truly "negotiating in the wings," I'd think such info would either be leaked or presented to the market or to ORCL. Instead, all we've read is puffery & the market isn't buying it.

Bottom line, BEA has no other offer, & is likely not talking to anyone with a real interest in acquiring BEA that is willing to take on ORCL. If such were the case, such "news" would have been made available to the market. It hasn't b/c none exists.