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Wright Medical Group N.V. Message Board

  • MichaelLRAR MichaelLRAR Sep 23, 2011 9:56 PM Flag

    WOW Will Wright Medical Group Survive?

    What is going on with Wright Medical? They had a company picnic / "Last Supper" a couple of weekends ago and by the end of the week they are giving key employees their walking papers. Are these employees laid off or are they really fired? Maybe the new CEO wants his own team of key people. At least it is easier to fire people in Arlington than it was in France. I thought the France factory fiasco would be the beginning of the end of WMG but I was wrong then. I guess WMG is comfortable/complacent with being a third tier player in the medical technology sector. DISCLOSURE: I do not work at WMG, I have never worked at WMG, I do not own the stock, I have never owned the stock and if I did own the stock I would sell it. The stock is flat now but it has room to get flatter.

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24.40+0.24(+0.99%)Sep 23 4:00 PMEDT