THE split was going to be good for all THEY said....does not look good for leidos now or in the future ...give it some time THEY say ....maybe but unless someone gives me a valid reason to hold ...i am out
If it wasn't for the nice quarterly dividend I would consider being out also and I've been a long term hold guy. I'm going to give it some time and hopefully get back to my balance where I was when the split occurred. I think SAIC is going to do good stock wise. Leidos? Probably just more of the same. All in all SAIC has been a disappointment since back when it went public. It's almost criminal actually.
Completely agree. The performance has been abysmal since the public offering. Its all financial engineering and broken promises about cost cutting. Can you name one innovative product or service the management has bought to the market since going public? I can't. They took a good company, took the wheels off, then emptied the cash tank. Both the management and BOD needs to be replaced. I would recommend a turnaround team be put in charge immediately. They would be charged with coming up with a 21st century game plan, installing it, then finding/sourcing new long term management.