Apple Is `Way Undervalued,' Gamco's Haverty Says
Feb. 7 (Bloomberg) -- Lawrence Haverty, a portfolio manager at Gamco Investors Inc., talks about comments by David Einhorn's Greenlight Capital Inc. on Apple Inc.
Greenlight is urging Apple to return more of its $137.1 billion in cash to shareholders, and asked fellow holders to vote against a proposal -- outlined in Apple's annual proxy statement -- that would eliminate preferred stock. Haverty speaks with Betty Liu, Dominic Chu and Alix Steel on Bloomberg Television's "In the Loop." (Source: Bloomberg)