Opinions
Peter Hodson
Cenveo Inc
CVO-Q
PAST TOP PICK
Jul 26, 2005
(A Top Pick May 10/05. Up 6%.) Still likes, but nothing at all will happen until mid September. There is a proxy fight with the vote on Sept 14th. If it loses you don't want to be around, but he's convinced it's going to win.
$8.210
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Bob Burton who turned Moore Corp around and who forced Creo to be sold, has taken a 9% position and will slice and dice. He has great institutional support. $1.7 billion in sales and is horribly run. Too many manufacturing plants and too many perks and high salaries for management.
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