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[Most Recent Quotes from www.kitco.com]

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Three Big Movers to Start the Week

Andrew Snyder (October 5th, 2009) Writes:

They may not be the big mergers investors were hoping would fire off another winning week, but today’s movers help prove there is upside potential left in the market.

Even though the “Merger Monday” trend is not continuing this week, we have a Monday morning filled with positive news and upgrades. The action is putting new wealth into the pockets of plenty of investors.

One of the morning’s biggest movers comes close to the form of a merger. With the news the Swiss technology company Kudelski has raised its tender offer price for OpenTV (NASDAQ:OPTV) to $1.55, shares of the American digital-television software manufacturer have surged ahead by nearly 20%.

Earlier this year, Kudelski offered to purchase the 87% of the company it does not own for $1.35. But a shareholder committee bulked at the offer and the Swiss backed out.

This morning OpenTV shareholders are glad they shook off the last potential

...

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