Wednesday, March 02, 2005

Another retail software buyout

Blue Martini (BLUE) software was acquired by a private equity group today. Coming just a day after SAP's Retek buyout, this is pointing to a much faster disappearance of the other standalone players.

I haven't owned Blue Martini shares after playing it for short-term gains a couple of years ago (when I was also working in the same block as Blue Martini!).

The remaining tiny entities like Epiphany (EPNY), Broadvision (BVSN), Kana (KANA), Onyx Software (ONXS) will get bought out soon. They are still highly speculative, especially given the lack of insider support.

I own Epiphany and Onyx stock.


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