WooHoo - beat by a penny and a massive 3 cent dividend - wow
well blow my dress tallywhackee ! another Oscar performance...and initiating a 3 cent dividend ...after milking the shareholders for how many years ? and beating eps estimates by a penny...another stellar performance with creative accounting gimmicks to earn your bonus and milk us shareholders some more...
I am thru celebrating ...Tallywhacky is a classic portrayal of what is wrong with scamsters and fraudsters running the Boards of these type of companies...and trying to hose the shareholders and deceiving investors...Has someone looked at the chart over last 6+ years and seen what this POS stock has done especially after bringing this idiot to run the company...a loser form Intel !!!!!
No argument here. But I have owned this POS for more than 6 years and I'll be gosh darned (can't swear here) but I can't find where is the $2 billion that they say that they returned to the shareholders. They sure didn't return it to me!
After the massive share dilution for the Agere acquisition fiasco done by Talwalkar, LSI has "returned" to the shareholders money in the form of repurchasing about 200M shares thus reversing a portion of the dilution. The money spent on the buybacks was much less than the claimed $2B. Agere was acquired when LSI was at $10+.