Tuesday, March 20, 2007

Blum Capital Accumulates 6.6% Stake in Websense (WBSN)

In a 13D filing after the close on Websense Inc. (Nasdaq: WBSN), Blum Capital disclosed a 6.6% stake (2.95 million shares) in the company. The firm did not show a stake in Websense for the quarter ended December 31, 2006.

In a pretty standard disclosure, Blum Capital said it may engage in communications with one or more shareholders of the Issuer, one or more officers of the Issuer and/or one or more members of the board of directors of the Issuer and/or one or more representatives of the Issuer regarding the Issuer, including but not limited to its operations.

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