It should be obvious by now that only people in the last ten years who have benefited from Sharer's reign are Kevin himself and his cronies. This should become a textbook example of how to take take a highly innovative growth company and turn it into a stodgy old clunker in less than ten years. Pathetic.
People who complain about a lost decade should consider how much they (over-)paid to own this company in 2001. They only have themselves to blame for owning a trendless stock. 10 Years of decent growth in EPS was already priced in.
P/B in 2001 = 11.3X
P/B in 2011 = 2.2X
Past may not be prologue.
Not a recommendation. do your own DD.
Well Kevin is so slick, I'm sure he has someone working on all sorts of excuses and all sorts of clever new metrics to somehow show what a great job he's actually doing. All done at shareholder expense of course. I wonder how much he's actually been paid over the last decade, I would probably get ill if I knew.