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Emulex Corporation Message Board

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  • docholidae58 docholidae58 Aug 6, 2010 9:07 AM Flag

    why did they issue so many shares??

    Your right I really got lazy on this one- Should of been on top of it. Would of sold higher if I did my research. Seems to me management made a statement that they don't want to do what is best for their shareholders with this acquisition- Seems like a huge premium and I am out. Good luck--- Time will tell whether this is like yhoo ttwo. Another Chang? Too many 8-10 pe's out there paying dividends to pay up for this stock with this management.

7.990.00(0.00%)Aug 6 3:58 PMEDT