Hit #17 - Part 2

Looks like QRS Inc (QRSI) really has something to offer.
They got another takeover bid today, this time an all cash offer, from private equity firms Avling Partners and GTCR Golder Rauner LLC. The stock jumped 25% (from 5.1 to 6.3), on an otherwise dull (bordering on the ugly) day for the overall market.
Niche players as QRS are becoming more and more attractive to private players, who can flip such companies for a big profit in a matter of years.
There are easily some 20-30 such undervalued, ignored tech companies right now. I guess this is the bane of a market that attracts every possible company during the sunny years and then dumps them unceremoniously during the lean ones. It is like cash sitting on the road side waiting to be picked up - it will be, eventually. The only question is - what will the value of that one dollar be when it is finally picked up ?
An all-cash offer in this bad market is really very welcome and the one that i prefer. After JDA made a stock-offer for QRS, the premium was of little significance, when JDA's stock started tanking taking QRS with it.