Title too long
"Balch believes that STEC has been mismanaged, is spending too much money on research and development and should return cash to the shareholders."
How many stories like this have there been in the news over the last few weeks? Seems like someone is going round saying oh, there's a cash rich company. Buys a few shares then try and wrestle control of the company away and open the swag sack. At this rate, they'll have lots of cash but no companies to invest in cause they'll killed them all off.