Downward slide???
posted on
Jun 21, 2009 11:04AM
So the AGM came and went and I missed the boat. Given the continuation for extending the extensive M&A spending rather than having the company make real profit we trust MP to do what is right for all of us .... I suspect we will see a downward slide ... MP has to hype the value of his expenditures but I do not really believe we will get a deal done despite the "strong" talk. We are in no position to demand anything ... given our .01 eps a qtr we are fairly valued and we show no signs of interest in increasing our profitability, we'd rather spend the money on our chairs fantasy.
I'll be the first to admit I was wrong and overly skeptical if (the biggest two letter word in the dictionary) a deal gets done ... it is not like I haven't been wrong before, but I like my track record over a hustlers.
orgy