December 2016 Archives

ShoreTel (SHOR) Goes Private?

December 9, 2016 11:30 AM

“ShoreTel  (SHOR) is in final stages of rolling out ShoreTel Connect”. Who cares? Technology issues aside, ShoreTel remains dog meat in the financial markets. Since the company’s public offering in 2007, the stock has never sustained a price above the first day closing of $12.50, itself a modest premium over the offering price of $9.50 a share.

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