Salsa Scoop Notes from the Margin (Calls) of a Cataclysm
Notes from the Margin (Calls) of a CataclysmSubmitted Mon Mar 17 2008 14:15:49 GMT-0400 (EDT)
On April 5, 2004, e-CRM toolmaker Kintera peaked at $17.73 a share. On that date, Bear Stearns' high was $87.53 -- a little less than five times Kintera's value per share. At any point in the intervening four years, Kintera shareholders would have been overjoyed to trade at one-fifth Bear Stearns. Today, they got there. Current valuations: Kintera $0.66 Bear Stearns: $3.82 ??? Profit!