disagree. First they are up nearly 5% from their purchase price, secondly they are in this for the longer haul. They made a lot of money on AOL despite not obtaining board seats, and I believe that they will push ODP stock up as well. Note that Austrian has not rebuffed their suggestions publicly because to do so would drive the stock down.
I doubt that they invested nearly 100 million dollars to leave the status quo. These guys are going to be aggressive and push the board and question what is going on. Cost cutting sounds good but there is only so much you can do after two years of trying to wring costs out of the system. Sales of non core assets such as Mexico looks like a great move. The point is that these are smart guys who have ponied up a lot of money and will be the instrument of change that has been needed for too long now