Barry Rosenstein and Gary Claar’s firm, which managed $2.1 billion as of January 2010, is flat for the year. JANA remains encouraged by a number of situations, including bets on Motorola and Questar Corporation.
| Barry Rosenstein|
Despite its losses, JANA is optimistic about the number of activist opportunities, and is particularly encouraged by a recent spinoff by energy company Questar Corporation and a proposed 2011 spinoff at Motorola.
“We have described this market as