Instant Response to a Potential $CRM Buyout

If this deal goes through, I can guarantee you it will ignite a consolidation frenzy in software. Most of the time I do not react so quickly to buyouts, since most of them are company specific. However, in this particular case, I own N from lower prices and loved their last earnings report. The stock sold off for retarded reasons. They’ve been on Larry Ellison’s “buy the fuck out when I’m good and ready” list for almost a decade.

Should CRM get acquired, N will jump and jump hard, well over $100.

Needless to say, I added to my position here.