Tuesday, March 11, 2008

Kintera Delays Report to Thursday

So it's obvious something's going on. The question is whether to sell of buy Kintera stock. I'm an optimist, so I'm going to buy. Delaying reports is never a good thing. Unless your office manager is sick, which is my excuse.

Here's the scenario that I expect to see:

  • NASDAQ has threatened to delist Kintera
  • The company is going to go private, led by a privagte equity firm, and I'd guess the name of the firm but frankly I forget.
  • or it will announce it's being acquired by Convio or Blackbaud.

So. Tomorrow I will buy Kintera, on the expectation that it's good news, and not the liquidation of the company.

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