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Nautilus Inc. Message Board

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  • astral_tsar astral_tsar Jun 10, 2006 11:48 AM Flag

    Re: Core Competency

    Of course the 'EPS' numbers you cite for 2003 were per quarter. Now the company, after years of immitating the Crossbow's marketing strategy, would love to make 67 cents in a year.

    Naturally newcomers to the company have a vested interest in 'going for broke' on new markets. Sure it probably won't work out for shareholders, but we can slap them back into line with stories about how there's no alternative, the survival of the company, etc.

    Management newcomers don't get much quick career credit for understanding what's really going on, they get credit for flashy viewgraphs, B-school buzzwords and 'key concepts.' As competent people quit in disgust, the kids will move up into the empty slots. That looks good on a resume, and by the time layoffs hit upper-middle management, those kids will be off to the next exciting opportunity.

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