Cognos is being taken out by IBM at a nice premium. It looks like somebody leaked this last month. I blogged it and I should have chased it , when I speculated on the software takeover targets.
When the market turns again, look for the software leaders to continue their runs. The sector is in play.
Maybe perennial dog Symantec?
Disclosure- Ling INFA and CTXS and VRSN