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Cobra Electronics Corporation Message Board

  • tresfind tresfind Apr 26, 2014 1:37 AM Flag

    Conference call hero.

    A tip of the hat to Longtimefollower. Your comments were well stated and articulated. You "da man".

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    • It's very important, when a CEO has been in charge for as long as this one has, with the record of significantly subpar long term returns, that he is willing to be accountable for his failures, and not make up nonsensical excuses or "snow" the investment community. As a 2.5% owner of this company, let us hope that i will not be "frozen out" of the next conference call, and that the entire call will be made available. (I see no transcript yet, and wonder if it is available on the company's website.)

      Mr. Bazet's excuse making machine is unseemly, unbecoming, and inappropriate of a true leader.

      I have found that part of the problem with Cobra is that the board has no independence from Mr. Bazet. In this sense, the company's governance is fundamentally dysfunctional, and there is little or no accountability for Mr. Bazet.

 
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