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News Breaks | | | | February 25, 2013 | | 14:22 EDT |  | RDWR | Radware seems upbeat about future, Globes columnist writes
Israeli IT company Radware (RDWR) wouldn't have announced a stock split if its management wasn't confident that its business would improve, since no company would risk seeing its stock price fall into single digits, Israeli analyst Shlomi Cohen wrote in his column in Globes. The company, which is presenting at the IT security oriented RSA Conference this week, hopes that highlighting its little known security business will boost its p/e multiple, as mid-sized security companies are being given very high multiples these days, Cohen added. Reference Link | |
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