Three investors has disclosed in a long storage with SEC that they play to step? phase a proxy struggles to get three Napster (CARD GAME) board seats. Trio enters in it Perry Rod, what elaborates himself as one self-supporting investors and president from Market Rap LLC, a bevy developing one investor public locations, like also leader The Paradise Project, “ an nonprofit religion organization;” Thomas Sailors, from investment company Cloverdale Investments, and a former managing director in Bank from American Securities; and Kavan Singh, who owns 10 Cold Stone Creamery franchises and other business interests.
Where's Carl Icahn when you requires him?
Trio makes points some interesting, what summarizes to the fact that Napster trades at one particular market cap from $707 million, or almost exactly number of from cashes above of balance. Equally, market ascribes duck's egg to business Napster. “We believe this discrepancy is a result of negative sentiment surrounding almost all music content businesses due to the unresolved effects of piracy, but also due to a lack of confidence in the way the company is governed,” they give voice by writing name of storage of their SEC. They refer that In May 2007, CBS pays $280 million for LastFM; investors quarrels Napster “ may hold considerably more value.”
The three men together hold 648,100 Napster shares, or about a 1.4% stake.
Napster today unchanged close at $148.
In computer networks, a proxy server is a server (a computer system or an application program) which services the requests of its clients by forwarding requests to other servers. A client connects to the proxy server, requesting some service, such as a file, connection, web page, or other resource, available from a different server. The proxy server provides the resource by connecting to the specified server and requesting the service on behalf of the client. A proxy server may optionally alter the client's request or the server's response, and sometimes it may serve the request without contacting the specified server. In this case, it would 'cache' the first request to the remote server, so it could save the information for later, and make everything as fast as possible.
A proxy server that passes all requests and replies unmodified is usually called a gateway or sometimes tunneling proxy.
A proxy server can be placed in the user's local computer or at specific key points between the user and the destination servers or the Internet.
26 June 2008
Investment Group Vows Proxy Fight
at 11:18 PM
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1 comment:
wow so many napster shares. what should i say ..
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