BEA To Oracle: “Your Bid Is Too Low”; This Could Get Ugly  —  BEA (BEAS) has issued a statement in response to Oracle’s (ORCL) unsolicited $17-a-share takeover bid: and they’re asserting that the offer is too low.  BEA notes that the letter was sent to Oracle yesterday, before the bid was announced.

Source:   BARRONS.com: Tech Trader Daily - Barron’s Online

Author:   Eric Savitz

Link:   http://blogs.barrons.com/techtraderdaily/2007/10/12…