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Meru Networks, Inc. Message Board

  • bottom_stkpicker bottom_stkpicker May 16, 2012 4:13 PM Flag

    Congrats Bami..//

    U are on hatrick..ANAD , TRID MERU..

    What a golden touch and Board ..the bigger idiots..spend 1.5 million to find this CEO.

    Joining date : 21st Mar'12 ...Stock Price around 4.6
    2 months later..stock price lost 2/3rd of its value..

    BOD wake up..CEO doesn;t have a after next conf call..he will start firing Sales people whom they hired on last 6 months as they won;t have money to give Salary to them.



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    • And I thought Ronald J. Buschur at PWAV was the worst in shareholder destruction. Bami is the financial terminator of truly epic proportions and this is his three-peat (Pat Riley,please don't sue me). I can only assume that the board brought him in to destroy the company. It's like watching a really bad car crash scene- you just have stare at what is happening. Time to place a bet at when it will go sub $1.00 a share. I say May 29th. But maybe I am being too optimistic.

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