This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Roumell Asset Management Supports Starboard's Board Nominees

CHEVY CHASE, Md., June 6, 2013 /PRNewswire/ -- Roumell Asset Management sent the attached letter to the Board of Directors of DSP Group, Inc. (Nasdaq: DSPG) yesterday to inform them that it has voted in support of Starboard's nominees to the company's board.  Roumell owns approximately 4.5% of DSP Group's common stock.

The full text of the letter follows:

June 5, 2013

DSP Group, Inc.2580 North First StreetSuite 460 San Jose, CA 95130

Dear Board of Directors,

Roumell Asset Management, LLC currently owns roughly 4.5% of DSP Group, Inc. common stock.  After a very deliberate process we have decided to support Starboard's nominees to the company's board.  In our review of Starboard's history, they have constructively added value, acted responsibly and always pursued a thoughtful approach to realizing value for shareholders.

Sincerely,/s/ James C. Roumell, President

Founded in 1998 and located in metropolitan Washington, D.C., Roumell Asset Management, LLC is an opportunistic investment manager with a deep-value bias that manages funds in equity, balanced and fixed income accounts.  The firm, whose clients include individuals and corporations, has approximately $310 million in assets under management as of May 31, 2013.

Roumell President, Jim Roumell, would be glad to discuss the reasons for its vote.  To do so, contact Tom Pinto at Mount & Nadler Public Relations, 212-759-4440.

SOURCE Roumell Asset Management

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,242.32 +109.62 0.60%
S&P 500 2,112.34 +7.84 0.37%
NASDAQ 4,994.0620 +30.5350 0.62%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs