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Adept Technology Inc. Message Board

  • culleraa culleraa Feb 25, 2013 6:43 AM Flag

    "Hail" to the new chief...

    Well, Lynx wasn't his last chance, he's already lost it. Not surprisingly given the miserable execution record. Still, I guess the old cEO was responsible for the acquisitions, which certainly were "cheap". Were they cheap for a reason we will soon find out.

    When Hale took 14% of the company last year, they were really taking the lot... we can now see. One of their investments was recently sold for a 1000% premium!.. depending on whether an otc quote is reliable... and that the one this new ceo came from (was a normal 10xebitda take out).

    From now on we get what Hale wants, hope we like it.

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