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Albany Molecular Research Inc. Message Board

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  • tstockpicker tstockpicker Mar 23, 2012 9:18 AM Flag

    Close the Doors

    Singapore or Bothell??

    They need to fire the incompetent upper management....Frost, Hagen

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    • That's too simplistic of an analysis. What you have is a management team, which purchased at what they perceived as a steal underperforming assets, which in reality they overpaid for. Coupled with the arrogance that it wasn't their fault that they didn't understand the pharmaceutical market was reducing R&D expenditures which in my opinion, the management teams of the companies that sold AMRI the underperforming sites understood and cleverly conveyed the opposite to AMRI's senior management team.
      If it wasn't for the Rensselaer cash cow the underperformance of the acquired sites, i.e., Massachusetts, UK and Hungary would be glaringly apparent. If this failure of adequately performing due diligence had been conducted by a junior member of AMRI management team the pro-AMRI senior management employees who post on this board would have already lamented the fact.
      When you watch a management team in action sometimes, what they don't discuss in press releases is as important as what they do. An example there has been no press releases about new revenue opportunities emerging from the acquired UK and Massachusetts site's

 
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