Well we're getting close to the big news for the quarter. My estimation would be that we will see a "stinker" of a quarter and a number of new excuses. The stock is at or below pre-merger levels. Many of the former executives have cashed out as have the Lanes so now its' the shareholders deal. This is a tough market you can't compete on price and the ACCO brands are eroding. Go into a Staples, Office Max and Depot, look at all the private label. The bottom could well be $10 per share...time will tell
This management group has never told the truth about the business - NEVER!! I am surprised that Breeden Capital has not spoken out and insisted on changes. My prediction is that as bad as the 4th quarter turns out to be the first quarter of 08 will be worse.... Single digits here we come.