I've kept networking technology company Riverbed Technology (NASDAQ:RVBD)
on my watch list primarily because I continue to see value in the
business when, or if, management can finally iron out its ongoing
execution challenges. Unfortunately, there's just no particular reason
to believe the end of those challenges is in sight, so it is almost
irrelevant that the Street seems a little too bearish on the growth
potential of the businesses. I believe management is starting to run
short on time; every fumbled quarter makes the relative certainty of
Elliott Management's $21 bid look better and if a strong second half
rebound doesn't materialize, shareholders may start agitating for that
option.
Read more here:
Chronic Execution Issues Still The Story At Riverbed Technology
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