Of late, Bowne's new businesses have caught the eye of investors. Bowne has become a ''fascinating and undervalued stock,'' worth twice its current price of 17, says money manager David Rocker of Rocker Partners in New York. Rocker looks at Bowne as two businesses.
Rocker thinks that's vastly understating their assets.
Bowne, Rocker says, is mulling ways to enhance shareholder value, including taking public all or part of its new businesses. A key segment for future growth, he says, is the Internet. Bowne has become an integrated Internet solutions provider, including E-commerce services. The McGraw-Hill Companies Inc. All rights reserved.