Same old management. Same old results. When will the stockholders ever get relief from this incompetent management? No doubt, they will give themselves hugh raises again this year while the stock tanks further.
BLS up 2.65%
T up 2.76%
Q up 4.17%
S up 3.12%
Yet people on this board think Seidenberg is a success story? Look at the basic chart for five years.A change is needed at the top.Almost forgot
VZ up .78%
Ivan has got to go. We had decent earnings and a good 2nd quarter but this stock still tanks. We have lost so much since 2000. Ivan should take a one dollar a year salary and no bonuses till this stock gets back up in the 50's. Or he should just retire. We need new leadership and restore benefits to mgmt so we can get some quality personnel.
Ivan has a whole list of things that muddy up the waters and he can claim distorted the results each quarter. Throw in a spin off, yet another merger, a layoff, a buyout, a pension change, sale of properties and the numbers always have some exceptions included.
There have been few if any quarters in the past 3 years that were just straight business results that would show his incompetent and greedy leadership.
Ivan buys into the 'dazzle them with bull
It is amazing that VZ's management gets away with poor performance every quarter.Creative accounting and one time expenses along with another round of promises for a brighter tomorrow are the gist of every earnings report.The simple facts are this company needs new leadership.