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Vertex Pharmaceuticals Incorporated Message Board

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  • kk2ck kk2ck Nov 16, 2012 9:01 AM Flag

    AN OPEN L;ETTER TO MANAGEMENT

    Folks, how do we do an Open Letter so ALL shareholders can see? Reason I ask, let's be realistic, current mgmt will never sell company. If you hear I Smith CC, this is the SECOND time in TWO years he praised a competitor. A person like this can never work elsewhere. As long as mgmt is on the gravy train, they will not give up what they have.

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    • I have repeatedly sent a letter to management and investor relations in the last two months - to which i have gotten no reply.

      One major question is... with a loss of 58 million for the quarter, is 27 million in stock based compensation expenses appropriate? That's right folks... half the loss last quarter was a pay day for management. Sounds a bit like bankers paying themselves bonuses on bailout money - disgusting.

      Sentiment: Strong Sell

 
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