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Symantec Corporation Message Board

  • jimjohnson92 jimjohnson92 Jan 29, 2013 11:26 AM Flag

    The useless meetings with no new information just conrinue...

    Nothing but meetings meetings and more meetings since Wednesday, each one a bigger waste of time than the preceding one. Just meetings from top on down, first Bennett's on Wednesday, then Francis on Thursday, then L2, L3 (at least current L3), and on down.

    Unfortunately it's already sounding like fewer and fewer heads are going to roll than should, at least in certain groups and divisions, unless of course you are in sales, marketing, and a couple of other groups...

    Sentiment: Hold

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    • This is just the start of classic large corporate entanglement. Things are going to end up so confused internally with all the reorganization involved that the company is going to end up struggling to execute for the foreseeable future. That is part of what the CEO warned about for the next year ahead, yet we still see attempts by Wall Street and the media to paint a picture otherwise. The risk at this point makes no sense from a new investment perspective unless you have a long time horizon, the run up of appreciation in share price is over. It is now a stock that will drift with the market and be driven by its own merits. Which will be slow coming and not without risk.

 
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