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Archive for the 'Technology' Category

Discovery Shuttle Launch, Needs Good Weather or Will Be Delayed

Tuesday, October 23rd, 2007

We’re not yet in the phase where a shuttle launch is a common weekly or monthly thing, but from time to time we get to see how the Discovery shuttle comes back on the planet or how it takes off to go back in space.

Discovery Shuttle Launch, Needs Good Weather or Will Be DelayedTomorrow at 11:38 Eastern time, if the weather is good at the Kennedy Space Center the Discovery is scheduled to take off on the STS-120 mission to the International Space Station but predictions are not great, going from 60% favorable to 60% unfavorable. Other than the weather, no problems are keeping the shuttle on grounds and officials said that they want it back in space as soon as possible, but taking the safest decisions.

The mission is all wrapped around the delivery of the Harmony module, which is an Italian made Aluminum tube, that will connect the European lab Columbus and Japan’s Kibo lab on the International Space Station. This is a very big step before we have the final shape of the space station, and is Commander Pam Melroy, 46, the second woman in command of the Discovery that should have the job done.

If you’ve booked tickets to see the launch live, make sure you have enough cash, a rain coat and an open ticket back home.

Bidding Starts For BEA Systems. Oracle Bids $6.7B And Gets Rejected

Saturday, October 13th, 2007

Bidding Starts For BEA Systems. Oracle Bids $6.7B And Gets RejectedPeople on the stock market have been expecting this for more than a year to see the acquisition of BEA Systems (NASDAQ:BEA), which Cramer founder of TheStreet.com already pinpointed on Monday. He said it loud and clear “Buy BEA Systems before it gets a bid” and it looks like today was the day.

Oracle (NASDAQ:ORCL) had made an (uninvited) offer to buy BEA Systems that went up to $6.7B, cash, which translates in about $17 a share and was 25% higher than what the company was selling on the stock market, $14. They also mentioned that this is not going to be a hostile bid though it happened before with companies like PeoplSoft, for example. Carl Icahn, the activist shareholder with 13.2% of the company declared that he will try to push management to a sale, so I guess he could use the money.

However, Oracle is not the only company interested in taking over BEA Systems. The Germans at SAP (NYSE: SAP) may also be interested and rumors say their offer - seems like some private offers have been made - could go up to $21 a share because they need to fill some gaps in their products line.

The expected happened and BEA Systems denied the $6.7B offer from Oracle, by saying that the 25% premium could be set higher because the company is “worth substantially more”. It looks like they’re trying to get the most out of the bidders and decided to start a bidding war. With all these BEA Systems’ price on the stock market rose by 38.18% up to $18.82 so that puts Oracle behind.

The stock market is a very smart system. It dictates the right price set by those that bring along with their cash, the trust in a company. BEA acted wisely by rejecting the first offer, even if analysts consider it would do good in Oracle’s yard, because I think they can increase to more than $21 if they play ball the right way. BEA Systems is involved in transaction processing, billing, customer service, provisioning an securities trading so it’s obvious why people are so interested.

Let the bidding war begin!

Verizon’s LG VX10000 Voyager Takes on iPhone?

Wednesday, October 3rd, 2007

We’re fans of technology and the news we’ve heard today really made us think if Apple’s iPhone will have a real candidate to fight with . There’s lot of buzz today about the new lineup of cellphones, Verizon will launch in the next couple of weeks that consists of Samsung Juke (U470), Blackberry Pearl (8130), LG Venus (VX8800) and of course the one I’m going to give full attention, LG Voyager (VX10000).

Verizon LG VX1000 Voyager

LG Voyager is a full touchscreen display cellphone with a QWERTY keyboard that sports a secondary display if you unfold it. The biggest advantages I can see are internet functions that should work great on Verizon’s Wireless network, which supports much higher speeds than AT&T and if I were to make a comparison with the iPhone, it has everything. Expandable memory slot to reach 8GB - checked, camera - checked, web browsing - checked, email -checked, and so on.

With all the buzz created, I really think there will be some damage done to iPhone sales, even if the marketing campaign wasn’t anything like Apple’s. I guess people need something new every half a year. If you would like to find out more about Verizon’s LG Voyager, check the link. Meanwhile I’m waiting a confirmation for the $250-$300 price that’s been rumored and a clear release date.