Speculating in Takeover Targets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Speculating in Takeover Targets

CTG 10.49

+0.1%

Dec 8 4:30 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: richardred who wrote (3246)	1/14/2013 12:33:31 PM
From: richardred	1 Recommendation Read Replies (2) of 6850

Xyratex: Baker Street delivers letter to the Board Of Directors of Xyratex; calls for a fair and thorough review of strategic alternatives to maximize shareholder value ( XRTX) 8.38 : In the letter, Baker Street stated its belief that Xyratex' current market price is dramatically lower than the Company's intrinsic value. Baker Street believes this valuation discrepancy is largely due to the flawed strategy of reinvesting substantial profits from the Company's mature core businesses in loss-making and unproven HPC and Cloud initiatives. Baker Street stressed that a fair and thorough review of all strategic alternatives available to the Company should be undertaken by a significantly reconfigured Board to maximize shareholder value. finance.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next