PRLS (Peerless Systems )
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Why I Love This Stock

By:barrons3

Date:05 09 09

Bandera Partners sent a letter to Peerless Systems' Chairman Timothy Brog, proposing to nominate Jefferson Gramm as a director at the annual meeting. Gramm is the managing director of Bandera, which holds 3.6 million shares (21.3%) of Peerless Systems. Bandera said it isn't interested in changing Peerless' capital-allocation strategy, and doesn't consider itself an activist investor.

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Why I Hate This Stock

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