Take a look at this PR: http://www.gsicommerce.com/index.php/en/...

Pay special attention to the line: "The company intends to use the proceeds of the offering for working capital and general corporate purposes, including possible acquisitions."

Stock is trading at 52 Week/High, hence now is the perfect time to strike on the offering, and close the acquisiton prior to going into the lucrative holiday season where INOC stock would potentially inflate on solid earnings release. Given the relatively flat outlook for e-tailers this year, growth by acquisition is the most cost effective means to grow the market cap from a GSIC perspective.

This deal only fell apart on the last go-round due to the halving of GSIC common stock from the macro-economic factors that halved the entire sector. Since the deal was stock weighted, it made good sense to kill the deal 6 months ago. As the major shareholders on the INOC side saw the proceeds of the deal halved. Now with the stock trading @ double that, this looks far more attractive to INOC insiders.

When it comes back to the table, the value of the deal will be up, at a minimum of 25%, even if it were the same terms the value in the stock swap would be doubled. Look for a big swing on this stock as soon as the insiders start leaking, when volume spikes you know the news is out. Buy it now in the $3 range, and you'll unload after the announcement for at least double that (with the share swap factored in.)