you're putting words in my mouth. Never said the stock is going to skyrocket or the w/off will cure all ills. I have consistently said the stock is worth $50. My timeframe happens to be 2 yrs. After the company names the next CEO, assuming he's the right person, it will take at least 9 months for this person to get the house in order. The stock will rise on news of the naming of the person, announced asset sales by year-end, etc.
As for cf, any write-off of bad debt will be one-time...the installation of fin'l controls and incr scrutinty moving fwd will be a boost to cash flow. Think of $3 free cash flow as a current run rate increasing in the future once Mr. Perot Systems does his thing. Or are you saying Ross Perot's companies have a history of underdelivering.
Your problem, and that of the other ex-emplyees is that you know too much for your own good. I have worked for 2 publically traded companies and in each case I allowed my "insights" into the company (at high levels, I might add) to rule my investment decisions on their stocks. That means I sold. The outcome was that I understimated management's abilities to do everything in their power to move their stock's prices ahead. Same will happen here.
See you at $50, if you're still lurking here throughout the ascent.