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Tellabs, Inc. Message Board

  • oldanwisa oldanwisa Jan 10, 2013 3:57 PM Flag

    Lost of Cash in Bank + Weak management= Lawsuits

    This management is taking a huge rsik sitting on over $1B in Cash;
    they need to declare another $1 or even $2 special dividend to shareholders;
    if NOT they wil get milked either by lawyers and/or leveraged buyout firms who will
    strip the cash. THIS IS WHAT HAPPENS WHEN A COMPNAY IS RUN BY TECHNICALLY SAVVY
    FOLK WHO LACK FINANCEAND MANAGEMETN SKILLS.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Almost a month ago I predicted that this large hoard of cash would attract the parasites and ambulance chasers. #$%$ does this management NOT announce another $1 dividend. Kelly appears to be another slow moving incompetent and the CFO is not better. Both these Ar_eHo_es need to be fired

    • old and wise you called it...lawsuits....lawsuits and lawsuits.

      • 1 Reply to roccoc
      • RoccoC: Thanks; getting older an wiser is an Painful ( body wise) and expensive ( money wise process). Two things give me hope on TLAB : complete silence from management and no insider buying ( may be I am a hopeful FOOL but it could be they are in talks, just like RIMM, for some cash rich Chinese firm, like Huawei to buy them). I am continuing to average in given stock is way under book value; no net debt and paying more than my bank pays me in interest ( which is important for us older folk)

    • As I justposted in reply to another post, I will have no peace until the distribute the $1billion + in cash to shareholders as a special dividend of atleast $2/share; or else they will blow up the money on bad acqusitions and/or fattenies theirold bellies !!

 
TLAB
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