Brocade Communications Systems, Inc. Message Board
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stupid money comment from CEO
What does this mean? low bids? well thats smart money. high bids? Well thats smart for us. So what does this mean. 4-7?
will it ever get to 6?-
keep talking about the buyouts, you will scare away the potential customers. they dont know if you will be around to support their products, why would they buy? keep talking, BRCD will be destroyed.. IBM is probably already starting to diversify.. Carney is smart to make it unambiguous. plus, he has never been a CEO of a public co, you want him to give up now? No way.
Predictions:
1. Carney will bring his Xsigo gangs to run this place.
2. BRCD will miss the quarter. mostly in Ethernet biz.
3. Carney will start layoffs within 3 months.- 3 Replies to xz1
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Hopefully he will start laying off all the dead weight in the sales department. They should be doing 2 billion per quarter. If you could lay off and then charge them rent for having done nothing and deny unemployment, that would be the best deal. These employees have done nothing in 17 years. They are the definition of lazy.
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Are Xsigo gangs inventing machine? In that case why not start a new company with them.
And how can they deal with a company 5 times size of Xsigo?
4700 employees operation is not a garage operation. Every month they should be paid.
If new CEO cannot sell current products and increase revenue as good as Klayko did recently then the company will be in big trouble. Yes, the new CEO can sell the company if the price drops significantly and when there is no way out but sell the company cheap. -
By the time he learn to run a public company, the shareholders will get burned again.
Next year the price will be $2 and the company will be looking for another CEO.
Drip drip here we go.
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What he is saying is that he may find stupid money in future but the problem is that stupid money may go for a few hundred millions but not anything above $1 B.
The only choice remains is to break down the company in a few pieces and sell each piece.
QLGC sold a piece of itself to INTC. ABT divided itself to 2 equal pieces and 2 different companies as ABT and ABBV and an investment firm bought 1/2 of SVU.
It is possible that an investment firm buys 1/2 of BRCD for $ 1 B and screw the shareholders with bad remaining 1/2.- 1 Reply to med_investor
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YOU GUYS SOUND LIKE A BUNCH OF IDIOTS. BRCD WILL NEVER BE SOLD! NEVER! THE BOD WANTS IT THAT WAY, it's their piggy bank! They will issue more options and give more raises and keep the status as is. They will maintain a $5 handle for appearances.
This is why people short all spikes.
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