"if the management does not come through" ?
He's been CEO for 4 YEARS!!! Double the business in 3 to 5 years! Sales have been a flatline since he took over!
How long do you plan on waiting for "management to come through?"
Patient EKG: Flatline=Dead.
ASP is not the issue bozo. It's the promise of doubling the business in 3 to 5 years. You're in year four and you are flatlined. Those who know this management group know that all the bluster is just a mimic of what QVC CEO Briggs said AND DID during his time at Q. These guys are throwing hope against the wall to get rich with their stock but they truly have no creative plan on who this company is or why anyone needs them.
mktr..., I will for your benefit repeat my self. The five year plan would have succeeded if not for the electronics issue. With the changes in product mix one would expect some lag but in the economical state the U.S. was in at the start of the plan KS and Team kept that to a minimum which was a surprise to me. KS and Team inherited quite the problem that drove the pps to .20 per share. The plan was working for awhile and the pps recovered under the leadership of KS to 8.73 per share before the electronics issue came. It is true it took a very long time to correct this issue, some 15 months or so. That left the Team to abandon the five year plan and regroup and fix the issue which they did in Oct 2012 (I believe that is when it was corrected) which leads us to Q4 numbers which will be the first full quarter with the electronics for a quarter. Also in 2012 KS and Team renegotiated the carriage costs down 15M which we will see a full quarter effect in Q1 2013. Not to mention in 2012 improved the channel positions and added more households. So mktr you can continue to think this company is "Dead" but I expect, if I am right, You may just regret that move, but I do wish you well.