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SABA SOFTWARE INC Message Board

  • theargo7 theargo7 Aug 25, 2008 8:52 AM Flag

    Pequot Capital Management

    Dumped their whole load. Now own 0 shares.

    Hope it's just a change in direction.

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    • Nope... just a re-shuffling of the deck chairs... note in insider transactions that FirstMark Capital just picked up the dumped shares of Pequot...

      NEW YORK--(BUSINESS WIRE)--Pequot Capital Management, Inc. and Pequot Ventures, the New York City-based venture capital arm of Pequot Capital, today [March 4, 2008] announced that they have decided to separate their businesses, effective June 30, 2008. As part of the separation, the investment principals of Pequot Ventures will form a new firm, FirstMark Capital, L.L.C. FirstMark will assume the investment management operations of Pequot Ventures and, with investor approval, will take on full responsibility for the assets currently under the management of Pequot Ventures.

 
SABA
8.820.0000(0.00%)Feb 19 10:34 AMEST

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