Gentleman, I agree with your sentiments, but want to note that IIVI has never hit $40 when factoring the latest split on 06-27-2011. The highest price EVER was on 04-26-2011 at $59.92, which today would be $29.96 after the split. Still, we need a 50% increase to get there from today's prices. Hoping we can at least get back to the mid-$20's (like it was a year and a half ago) by the end of the calendar year.
Last many years haven't been that great. I miss Carl I guess.
Things were better before going aquisition crazy too.
And of course the worldwide economy has been hurting.
Hard to tie it to one thing but this combination hasn't worked well. Yea they may be "positioning for the future" which I understand. But it would be nice to be a much more profitable company like they used to be as well.
IIVI has been "positioning" long enough, lets see some results.
These comments from a longtime IIVI long. All my opinion or course.
And I don't know why the nice run here the last week or so either.