2 posts and columns on depressed

Emulex to Broadcom: You Call That Thing an Offer?

in News on May 4, 2009 at 11:07 am PT

Emulex dissed and dismissed an unsolicited bid from Broadcom this morning saying it “significantly undervalues Emulex” and is not in the best interests of shareholders. In a blistering letter appended to the rejection announcement, Emulex CEO Paul Folino described Broadcom’s unsolicited $9.25-a-share cash takeover offer as “an opportunistic attempt to take advantage of Emulex’s depressed stock price” in a souring economy.
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Apple: The Economy Is "Depressed"

in News on July 24, 2008 at 9:57 am PT

No one has official said we’re in a recession. But consider this: Apple (AAPL) thinks the economy is “depressed.” As Michelle Leder points out in her always-interesting Footnoted.org blog, Apple’s latest 10-Q, filed yesterday with the SEC, includes some new language about the economic risks the company faces.