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Compuware Corporation Message Board

glimmertwinfan48197 4 posts  |  Last Activity: Jun 17, 2014 8:30 AM Member since: Jul 13, 2000
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  • 2013 - Compuware commits to trim millions in expenses to appease activist investor.
    2013 - Compuware shuffles numerous employees to COVS prior to IPO.
    2014 - Compuware divests 3 divisions, including Professional Services to Marlin Equity Partners.
    2014 - COVS sued by numerous firms for potential fraudulent disclosure and omissions related to IPO.
    2014 - CPWR claims "ahead of schedule" with expense cutting.
    2014 - COVS "transfers" dozens of employees, terming it a certified partnership with the divested Professional Services Division.

    CPWR/COVS/Marlin have been doing everything possible, aside from increasing sales and growing, to keep their outside appearance as stable.

    The shell games these outfits are participating in is comical. I will hand it to Compwuare, they appear to be the one outfit in this game that appears to gain the most. But with an 80% ownership of COVS, I still question just how much, if any, COVS will ever benefit current CPWR shareholders.

    These outfits have more people counting money than they do making it.

  • Reply to

    Shareholder Report on CPWR

    by breakmeevenbyyr2020 Jun 7, 2014 12:31 PM
    glimmertwinfan48197 glimmertwinfan48197 Jun 11, 2014 7:59 PM Flag

    And now, just like before the COVS spin off, instead of dumping people from CPWR over to COVS, they are now dumping COVS people over to CWPS. This entire organization is an absolute mess.

  • Reply to

    Shareholder Report on CPWR

    by breakmeevenbyyr2020 Jun 7, 2014 12:31 PM
    glimmertwinfan48197 glimmertwinfan48197 Jun 11, 2014 8:12 AM Flag

    How can these companies retain good talent with what's going on?

    They can't and won't.

  • I'd be more interested in how this company plans to tap dance its way around all the legal challenges that are being charged against it.

    Elliott is brilliant...he's going to pick up both these companies at a steep discount from what he offered earlier before COVS was spun off.

CPWR
9.35+1.45(+15.51%)Aug 29 3:59 PMEDT

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