We think they have already lit a fire under management to a degree, persuading it to take several positive actions. We expect it to continue on this course. So the Icahn group may lose the battle but, if the stock goes up, it will have won the war.
More Quotes from Douglas Shapiro:
Besides the earnings release, we think it is possible that it will announce at that time whether or not the board has approved its 3 billion special dividend.Douglas Shapiro
We think the jury is out whether there will be any practical impact on video markets and, in any case, we dont see any major impact anytime soon.
Douglas Shapiro
We regard the shares as inexpensive and believe that just placing a market multiple on its free-cash-flow a few years out yields substantial upside in the stock.
Douglas Shapiro
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