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2012-05-21 16:32 Member Resources
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Monthly Archives: March 2008
Don’t Sell
05
Mar 08
Hedge fund Elliott Associates offered to buy Packeteer (PKTR) this morning for $5.50 a share. I believe their real agenda is to flush out another buyer at a higher price. Their offer puts pressure on management and the Board to respond. Packeteer is worth well over $10 a share, so I do not want you to sell your stock yet. I’ll have more on this in tomorrow’s Radar...
Mar 08
