Thursday, November 12, 2009

Information power...

Yesterday, I was reading the New York Times when my eyes caught the title "Hewlett-Packard to Acquire 3Com". The first thing came to my mind was like, "3Com must have something is stock to get the attention of HP, the biggest personal computers and printers manufacturer in the world"; and the next thing is: "OMG, 3Com's stock price must be rising like crazy". I immediately switch to marketwatch.com to see the stock price of 3Com and realized that at the time of the Acquisition of 3Com, its stock price jumped from $5.5 to $7.5 per stock. Boy it was almost 40% increased. Power of information triumphed for someone knew about this.

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