Weight Watchers IS the iconic name in the weight loss industry. So was Polaroid, Kodak, Xerox, etc. in their respective industries.. There comes a time in a companies life span that what has made them iconic starts to lose its impact on the market. At that point, management MUST step up, read the changes in the market and act like lightening. Unfortunately for us shareholders...this management has been terribly ineffective. It is time for the board of directors to oust the CEO and change management. In a nutshell, for some reason the "meeting" concept is no longer working...at least for now. Free diet apps are the rage. WTW has allowed this to whittle their sales for an unacceptable amount of time. Management must be changed...if it's not too late.
Doug, I don't think KN is a supplier to AMBA. However, they are a spinoff from Dover Corp. They are a leading supplier of micro-acoustics and make the smallest speakers in the world for the mobile, consumer electronics and the hearing aid industry among others. They got clobbered when they had a technical glitch supplying Apple. They have moved off the bottom but still have a long way to go to reach even their IPO price. AMBA was $12 two years ago...at $19 a share I think KN is a no brainer. Read their quarterly reports and it looks like code-speak for getting back in Apples good graces. If that happens (which seems likely) it is a possible triple, if it doesn't happen immediately it is a possible double based on their market position. Do your own due diligence...I would like to have more of these!