You have had good connections in the past regarding earnings, etc for RDWR. Can you tell me what you know about the latest news? I really don't like the sound of it -two executives leaving so soon before earnings. Should I be worried?
On behalf of meravhon(took his gains and enjoying a vacation).
We don't know much. Mr. Meiron and his deputy left the Company probabely because they felt that Roy Zisapel is too much involved in their activities after he made a decision to focus on sales in the US.
Percantage of sales in the US dropped from 70% to 40%. Mainly due to marketing efforts in Europe.
Maybe Roy will be more successful and sure it will save some marketing expenses in the US.
Clearly by my message you can tell that I am worried. But, I need something more to base my selling on other than executives leaving. For all I know they are leaving because the company is being bought out and their jobs are not secure. So, I have emailed investor relations and at this point there is nothing more I can do. I have to make decisions based on the data. So, far there is no data saying that anything is wrong. That doesn't mean there isn't something wrong -just that there's no way to know yet. If there's a problem then the individual investors will probably be the last to get wind of it and so I would probably lose most of my investment. But, that's the risk I take.