Isn't it about time that someone is held accountable for the performance of this stock? I understand that it has run up from less than $3 but please remember that it was also $10 last year, without the benefit of any real help from ComAlliance, Paramount, Warner, new Line, the "internet Play", etc..
I am really disappointed in the wording of the press release, the lack of follow through with any sustained buying, the overall management of the stock price (or lack thereof), and the incredibly poor public and investor relations.
The really good news is that the company has the potential to be much better and stronger than the market thinks it is. The bad news is whether the current management can pull it off. So far, it does not look very promising. This too might not be ultimately bad either if a stronger group can come in and take over the company. This does not really represent a turnaround play. Instead, it is more of a maximization of what is already there.
The annual meeting is on August 23 in Portland. I sincerely hope that all interested parties will attend and make their concerns known. If we do not get the response we deserve, maybe instead of dumping the stock, we should make some management changes that can deliver the true performance that this compnay is capable of.
I am interested in any feedback regarding this posting. I also would like to know if there are any shareholders who are interested in discussing what we can do on a more proactive or aggressive basis. I will keep track of the ideas and postings and provide sumary updates as we get closer to the meeting.
I repeat, I believe the company is poised to deliver stronger earnings and significant growth if they can deliver on their promise. However, I am not convinced the present managament team can do it, particularly the way they are structured today.