Sybase, Inc. (NYSE: SY) saw a major volume explosion and massive price move late in the trading day. Bloomberg reported that SAP AG (NYSE: SAP) may acquire the company. Maybe yes, maybe no. Shares at 3:21 PM EST are up a whopping 51% at $63.00 on well over 6 million shares. Keep in mind that no formal deal has been announced and this would be a very recent development if the company is bought. Stay tuned.
JON C. OGG