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ValueVision Media, Inc. Message Board

  • marubozo100 marubozo100 Oct 10, 2012 3:37 PM Flag

    The 8 K says...

    Oct 3....Steinberg appointed as COO....today is Oct 10. Why did the BoD step in to appoint? Is KS & Team gone???

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    • mar, Who better to be COO than Carol. With the recent stock grants given leads me to believe that the team is still in place. The BOD was just doing its job. She was appointed Chief Operating Officer (COO) not Chief Executive Officer (CEO) and not President. As many have said on this board a change in programing and presentation was needed and in time IMHO Carol will answer the call.

      Munny mentioned that Best Buy was going to have something on ShopNBC this Sunday and that could be the start of things to come with Carol in charge. Time will tell. I do think too much on watches and not enough of electronics needs to be addressed and with Best Buy, well it is a start. Macy's was a success, Best Buy can be too.

      Sentiment: Strong Buy

    • She's been at the company since 2009. She worked with KS at QVC for many years up until 2006. KS is in the house. There is a little resistance at 2.59, but once we plow through it things will get very interesting. This is still a good spot to buy and there are some short positions that will get covered soon which will drive the PPS. IMO

      Sentiment: Strong Buy

 
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