At the risk of sounding Pollyanna-ish and actually expressing any real interest in the company, I'd like to explore the rumours of an acquisition. We've seen them from a few posters recently, and I was just wondering if anybody had any real information on them?
I believe that the only we can understand what's going on is to understand the management and their methods of going after their goals.
Does anybody have profiles of the exec team?
Well, JuJu, you seem to have taken the cake on the takeoffs. For a while, mr_hidden_insider (why didn't I think of taking that alias?) had the lead, just on the basis of the name.
But all these other noisemakers seem to forget that the only reason someone would want to engage in these spy games would be to exchange information. Too bad none of them have anything of real substance to say.
But hey, I couldn't know everything, could I? Wouldn't give anybody else anything to add ;)
Heh... Do I have strong Investment_JuJu?...I bought this POS just the other day @ $5.
So, if I were an employee, you'd hire me... For what reason? Because I'm just like PG? Simply because I don't have a clue about how to run a business?
According to you, the only reason ASCL has held up is because it has so many fooled. Following that line of reason, that implies that without fools, they would not have held up.
This seems to imply that PG did a very smart thing in selling them bull. IFMX was doomed in a very bad way, when PG took over. They had no real cash and were losing money and market share hand over foot. The PG sale of IFMX seems to have fooled stockholders into thinking that what he did is gonna lead to revenue growth, and then - four or five years from now - maybe even profitability.
I have to say it amazes me just how highly paid these morons are, when they are naught but a tick on a dog's ass in the overall scheme of things.
As a fooled ASCL shareholder, much like you obviously are, I am a part owner of the company - which means I proudly own diddley. However, as any fool will tell you, if ASCL has any 'good ideas somewhere in the belly of the company', they are NOT obligated to do a damn thing about them. Being a fool does NOT give you the right or the possibility of a positive financial gain.
As for products, there seem to be $150million or so dollars of revenue dollars coming into this company, so somebody is buying their product - I hope it continues when they find that it takes 9 months to install. They list as customers such names as CNN, Experian, Juniper Bank, Premera Blue Cross, CBC, BizRate, Fujitsu, Anheuser-Busch, Colgate, Kraft Foods, Miller Brewing, Nestle, PepsiCo, Phillip Morris, BP Oil, Johnson & Johnson, Pfizer, FleetBoston, Credit Suisse, Time, Walt Disney, BBC WorldWide, AT&T, and hundreds of other companies that seem to have valued them enough that they bought products from them - just like Enron.
Seems like they must have a product people want - or maybe they're able to fool their customers just as like the shareholders - unfortunately you only have to fool an investing fool once, customers need to be fooled over and over again.
But what do I know?
Heh... You are laughable IdiotGuru...
So, if I were an employee, you'd fire me... For what reason? Simply because you are a spiteful moron without a clue how to run a business?
According to you, the only reason ASCL has held up is because it has so much cash. Following that line of reason, that implies that without the cash, they would not have held up. This seems to imply that PG did a very smart thing in selling afterall. IFMX was doomed in a very bad way. They had no real cash and were losing money and market share hand over foot. The PG sale of IFMX seems to have saved us stockholders, at least for now.
I have to say it amazes me just how highly you value yourself, when you are naught but a tick on a dog's ass in the overall scheme of things.
As an ASCL shareholder, much like you claim to be, I am a part owner of the company. However, as any one will tell you, if ASCL has any 'good ideas somewhere in the belly of the company', they are NOT obligated to tell YOU a damn thing. Being a shareholder does NOT give you the right of disclosure of confidential corporate information.
As for products, there seem to be $150million or so dollars of revenue coming into this company, so somebody is buying their product. They list as customers such names as CNN, Experian, Juniper Bank, Premera Blue Cross, CBC, BizRate, Fujitsu, Anheuser-Busch, Colgate, Kraft Foods, Miller Brewing, Nestle, PepsiCo, Phillip Morris, BP Oil, Johnson & Johnson, Pfizer, FleetBoston, Credit Suisse, Time, Walt Disney, BBC WorldWide, AT&T, and hundreds of other companies that seem to have valued them enough that they bought products from them.
Seems like they must have a product people want.
You must be an ASCL employee. Given the opportunity, I'd fire you, right along with PG.
As a shareholder, I "invest" in a company to make money. ASCL hasn't made me any money, and under the current leadership it likely won't. Yet I am still of the belief that ASCL (or any successor) could be fashioned into a company that will make money. However, that would require a new CEO, a new direction, and a new vision.
Your suggestion that ASCL has done well in light off the current tech downturn is ludicrous. The only reason ASCL has held up is because is has some cash. Once that cash is squander, what chance do you think that the stock will be trading $3-5/shr? None! More likely, it will be trading at 3-5 cents.
I know that PG sold the family jewels for pennies on the dollar. But I suspect that there are good ideas somewhere in the belly of the company that could prove to be quite profitable. If you know of any as an employee, you are obligated to advise us. If there aren't any, then keep quiet.
After all, business is based on selling a product that people want and by making a profit. I have seen neither from ACSL.
So put up or shut up. What the product that is making money and how much is the profit, huh?
Since you can't or won't answer that question, I suggest that you return to your cubby and think real hard about what your next job will be when ASCL goes under.
Firstly, I appreciate the effort you made in constructing that post.
I should clarify my question - does this sub rosa "traffic" really affect an investment decision for an investor reading the boards? Traders, perhaps, but that kind of stuff neutralizes over any period of time (bounce up, bounce down). While an observing analyst (and, I can tell you from personal experience, analysts are busy enough visiting companies and running balance sheets, or, damn it, they should be) might spot something, some fleck of interesting data, any legit analyst should simply be seeing one more fact to investigate, and not have a fundamental opinion slewed. Fortune Mag. was one of the first to call Enron, in February.
This is, to me, equivalent to turning the National Enquirer into a "news" medium, since occasionally they print something valid. They are a very well-run tabloid, occasionally breaking a story that they pay for, and have been successfully sued, more than once. They got the pictures of the Bush daughters, for example, but long-term that was of no public benefit. This is Laura's problem, not ours. Just as Clinton's sexual activities, like those of many Presidents prior, are the problems of his family, not the nation, who should have better things to do. I know that I do.
If the boards can provide an underground railway of information leaks, there's not a lot a company can do, except to buy some really good e-mail monitoring. I cannot imagine any decent-sized company not being able to track stuff coming from "inside" the firewall, certainly.
The activity in pumping low-priced stocks was done by newsletters and word-of-mouth in Wall Street when I was there (1959-1979), plus taking people to lunch (or drinks), and everything else. This is nothing new, and people still meet and gab. Yahoo has made it broader, and more instantaneous. There is still the land-line telephone (wireless is �leaky�).
As to shareholder sentiment, per post volume, what I see is raps and cheerleading, and little relative substance as to company activity (which this board used to be better at). Look at IMMU and you�ll see heavy-duty discussions of products, patents, treatments, and a very friendly banter � people actually attending meetings where the company presents.
A company needs to sue posters who are (apparently) insiders, posting what they have no business posting under Reg FD, in part because a company needs not to look impotent. Whether all leaks can be stopped is another matter. This type of due diligence is a company initiative, and would not be publicly discussed, naturally, but must go on. A company can always issue a �true� press release clarifying rumors, even without pointing to the source of the rumors.
Wrapup � there are adequate sources of company information, industry e-mails, etc., to learn about a company. An investor who depends on Yahoo for investment advice, to me, is like someone who depends on a tabloid for war coverage, instead of Time or Newsweek.
while the light turns green, on a pink sky day, when Elvis left the building, and the paranoid shills bashed ASCL while cheerleading as the stock declines and the dam is about to burst