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PFSweb Inc. Message Board

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  • r3ady4you r3ady4you Aug 10, 2012 8:28 AM Flag

    listen up layton

    People can accuse me of being GS shill all they want, but the financial performance of this company has been downright embarrassing. As far as earnings improvement, the restructuring of the business and booking certain operational performance in a different manner does not hide the fact that the company continues to bleed real economic value and is unable to retain earnings.

    Why should the stock move at all? There really isn't anything here as the business is currently structured. They aren't losing money on each addition client as taint.itch would suggest, but they can't clear the hurdles necessary to generate net income in over the next year. Does anyone out there care to disagree with me now?

    Yes I have a small 'activist' position and a few of you have emailed me. lowl, I believe in your disclosure but I just don't think you are coming around. Any existing shareholder can email me and we'll try to sponsor a removal of the 'shareholder rights plan'. Leave the rights plans to companies that can actually turn a profit. I don't have enough shares to sponsor myself - I hold to acquire information and talk to management -- but for those who have held 1% or more of the outstanding shares over the past year, please give me a follow-up if you want to sponsor it.

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