While I can read who has filed/sold/etc the
stock, this does not provide insight as to the current
CEO's direction. Thanks for your input, but if you
don't have any knowledge of the layoffs, then you are
no more help than oldeyeguy.
Please do not bank on what
oldeyeguy is telling you. Yes, there might be some layoffs
pending, but oldeyeguy is no longer employed at the firm
and seems to have trouble reading the public
information available to him. I have no knowledge of any
pending layoffs, but I do know who recently filed, sold
and bought AGN stock. Good luck!
layoffs in the past has been concentrated on
g&a...sales,marketing and r&d have been spared...can't believe this
behavior will change since he has been so bullish on sales
growth going forward...there is in place a program for
20 year veterans to take early retirement...could
this be what you are refering to?
What if AGN wins by a nose, but is #9 out of a 10
horse race.....<chuckle>. I hope the jockey,
David Pyott, can get AGN a win in the race for investor
dollars.....not just the eye/skin care marketplace.
The new CEO is a winner and will react to any B&L
B&L still has to merge the Chiron and Storz into
and this is going to take time.
Presently you have 3 of everything than you will have 2 of
everything then 1. This is
an excellent opportunity for
AGN to pull away and gain market
share. This is
what the goal of the new CEO is for 1999, but first he
must get his own operation cleaned up and molded to be
an aggressive fighting machine that is seriously
lacking. Look for signs at the start of 4Q as the lay offs
completed, and now he can adequately
manage AGN without 5 tiers
of management. Hopefully,
he will hold people accountable
as Return on R&D
is so poor as there are simply no new
and only smoke screens of joint ventures. AGN is on a
and hopefully it will continue, but major changes
have to be
made and drastic downsizing will have to
done to force the
issues into the open. Cut
everything by 1/3 would be a start
and needs to be done
as that is what the Investment Community
banking on and causing a surge in the stock price.
I hate reading ignorant messages from obvious
ex-employees. Let it go and move on to something else. Its out
of your control now and be thankful that the little
stock you gat is worth much more than when you left!