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ANADIGICS, Inc. Message Board

  • riledog riledog Jan 12, 2001 9:01 AM Flag

    You don't get it

    Bumstead doesn't care, he already cashed out of
    this toy of his. He is not aligned with shareholders
    and he doesn't care. Right now he has a personal
    stake in the company of 10,000 shares, that represents
    a 0.03% stake.

    I think someone needs to
    wake up the board of directors at the shareholder
    meeting this year
    for allowing such malalignment of
    the CEO with shareholders. They are as big of a joke
    as Bumstead's stake.

    The whole thing is
    disgraceful. It illustates greed, stupidity and the
    illegitimacy of the board.

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    • Thanks for the bashing....I was only responding
      to a previous poster who was expounding on the
      multitude of great products and technical expertise of only point was that although I agree with him, it
      doesn't do any good if your prospective customers are not
      buying....its much worse if you have only one major customer to
      rely on...Sorry if all of you are too smart for such a
      droll and simple statement...but the way, I own 600
      shs. of Anad, average price, $23.


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