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Symantec Corporation Message Board

stock_market_surfer 1 post  |  Last Activity: Apr 29, 2016 2:42 AM Member since: Jun 15, 2005
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  • stock_market_surfer by stock_market_surfer Apr 29, 2016 2:42 AM Flag

    The latest news was entirely predictable as I've been saying for a while. Now that the storage business is gone and the Execs and Board can no longer play the shell/blame game back and forth between the two businesses, the truth was bound to come out. Symantec is destroyed and sinking faster. Taking the company private and strangling the remaining life out of it, or selling it off to be dismembered into whatever value is left are the only two future options for the company. The current FMV on the company is at best $15, investors would be wise to flee the shares on any kind of dead cat bounce. Anybody foolish enough to hold onto shares, or stupid enough to buy more, are doing so purely on speculation of a corporate action. Which frankly won't likely provide much of a premium from the current levels. The game is almost over...

SYMC
20.43-0.81(-3.81%)Jun 24 4:00 PMEDT