Thursday, January 17, 2008

New Investments

PeopleSupport and NDS. PeopleSupport is a takeover play. There is an offer for $17 on the table and it could be raised... maybe. The company's business is offshore outsourcing of services. I've owned NDS before, it's been beaten down in the recent market correction and seemed like a good point to buy in again. The company is majority owned by News Corporation and is in television technologies.

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