'One of General Sentiment's largest shareholders, Russell Artzt, co-founder of computer software giant CA Technologies, said last year that an investment of public money in the startup -- which his son ran for a time -- was justified.
Artzt said, "I don't think it's unreasonable to invest in a company that is trying to blaze new paths, has good technology and is just cash poor."'
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Actually, the last CTO came via the iTKO acquisition. I thought his departure was announced a few months ago.
Maybe the last one wasn't delivering and they decided to move on? That does happen.
The headline says CA has brains located in #$%$. CA hires new CTO to spark growth ?
So what was reason CA hired last CTO
If CA stocks drops below TRC's offer price of $29.75 just watch how fast the TRC "mini-tender" is cancelled. TRC is not bound to any "contract" to purchase shares. TRC is just a scam company trying to catch shareholders off-guard.
You must not be aware of the concept of dividends. CA pays 3-4%. If you were looking for a growth stock try FB.
Shareholders should avoid TRC's mini-tender offer, and google "mini-tender" to understand what shenanigans TRC is up to. TRC is offering to buy your shares for a 5% discount of $29.75. If the price of CA stock drops below $29.75, TRC is not bound to buy your shares and will cancel it's tender offer. Ignore TRC and hope that the company withers up and blows away like a tumbleweed in the Mojave desert.
Here's info on TRC's ridiculous offer:
NEW YORK, February 9, 2015 – CA Technologies (NASDAQ: CA) (“CA Technologies” or “CA”) received notice of an unsolicited mini-tender offer by TRC Capital Corporation (“TRC Capital”) to purchase up to 3,000,000 shares of CA common stock, or approximately 0.68 percent of CA’s outstanding common stock, at a price of $29.75 per share.
Where the return on investment (ROI).. CA share price Feb 3 was $ 31..95 today $ 31.08
When CA reached settlement with AppDynamics the so called leadership saying it was "great" for Ca for shareholders ,,, All while share value declines
P.S you sound like CA Fascist doing "great thinks" for investors ...while lining $$$ your pockets!
Great argument. Shareholders should take less than the price they could sell for today, so that a third party can accumulate at a market discount. Call the leadership team names. Where do I sign up for your investment letter?
Last i see no-returns for CA shareholders $ 31,,, Typical Fascist don`t want anything interfering with high salaries/ perks ...all the while not able to give any type of growth or ROI F`em
I vote for tender why should these Ca Fascist management continue live lap-of-luxury .
CA cautions stockholders that the offer is being made at a 4.59 percent discount to the closing price of $31.18 per share for the company's common stock on February 3, 2015, the day prior to the date the offer commenced, and approximately 6.89 percent below today's closing market price of $31.95.