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Voltari Corporation Message Board

  • deep.analysis deep.analysis Sep 29, 2011 12:49 PM Flag

    Layoffs starting -rats fleeing from burning ship

    Layoffs have begun to occur at the company (just check linked in for evidence)

    As predicted company splitting into carrier product division as well as mobile marketing division.

    the carrier product division is a lost cause - and in my opinion will be sold off to highest bidders (att, vzw, etc).

    mobile marketing division may hold strength if they actually develop a product but cash burn is too great. currently company has crappy development team and leadership. Hopefully part of the layoffs are in the product development team.

    I am reversing my opinion on PPS that I claimed was 3.50 - would estimate it down now closer to 2.00 when this news pops. My opinion the only news that will come out of MOTR would be when they spin off carrier products to the carriers who use them.

    Future is too hazy for this company - and any of the smart talent is fleeing the titanic.

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