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Actuate Corporation Message Board

  • chipswork chipswork Feb 1, 2008 11:08 AM Flag

    Time to replace the CEO

    Actuate is one of the worst performing companies in the entire software industry. Competitors are growing at 20 - 25% (2X Actuate), margins are about 50% of competitors and the stock is down 35% over the past 6 years.

    I have a hard time agreeing with Cittadini that the business stratgy is working. Seems to me that when a company loses market share and valuation, the business strategy is clearly not working. Also seems to me that their Board is not working if they keep Cittadini in the job.

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