Awesome article by Mr. Levine. I still assume that they're betting that current management will piss away some of the windfall from the 2 stakes that they hold

Awesome article by Mr. Levine. I still assume that they're betting that current management will piss away some of the windfall from the 2 stakes that they hold. An alternative explanation is convenience yield. This happened with 3com and Palm. http://www.nber.org/reporter/winter05/ http://www.nber.org/reporter/winter05/