A coalition of CI and a few institutional investors could solve this problem! The frustration with Ricci and his cronies seems to be reaching a breaking point among investors. go to carl's shareholderssquaretable website and look at the what you're talking about, onyx. Seems like a perfect case study for his little investors rights social experiment. I will be shocked if this year's meeting is nothing but eventful
Onyx is quite possibly right about ricci's little preannounce game right before the meeting. I could see him doing that.
willtori.... the standstill agreement can not be broken until after the annual meeting, correct. I doubt ci will take that route though. Icahn can't solicit under the standstill but he can sure as 'ell vote his shares however he wants. To say ci can't do anything under the standstill is incorrect.
Joanie you have terrible grammar and you're giving amlnlover guff over a spelling typo? The word for you is.... ironic. That's your word of the day Joanie.....
"Ironic" Now go look up what it means and memorize the spelling.
At approx 2:35 today someone bought over 50k shares @ $5.00
I noticed the large block on the bid just before it went. Institutions are buying aggressive here.
big pop was yesterday, where were you? Don't worry, I'm sure there will be more to come. today the shorts are trying very hard to get price down under strong support in the low 4.90's
so far it's not working. don't fight the big money, guys
details...... Onyx, we want details!!! Pretty please......? :)
Also does anyone know when we'll be able to find out about voting results?
willtori it appears you are correct. sadly... the only silver lining is that Icahn's two guys were voted in on a landslide. The rest of them did get a slap from shareholders. Doubtful we accomplished anything but still feels good to send a message. I must admit I'm disappointed in Icahn. For all his tough talk about shareholders rights... he hands the keys right back to ricci.
Look how close proposal 3 was! Three million votes short!
It looks like that's the only one Icahn voted against.
Proposal 1: To elect ten members of the Company's Board of Directors:
Nominee For Against Abstain Broker Non-Votes
Paul Ricci 181,834,398 13,185,751 881,878 67,241,953
Robert Frankenberg 142,735,977 52,484,822 681,228 67,241,953
Patrick Hackett 164,099,095 31,073,473 729,459 67,241,953
Brett Icahn 191,308,231 4,183,252 410,544 67,241,953
William Janeway 174,612,682 20,700,834 588,511 67,241,953
Mark Laret 155,696,193 39,487,274 718,560 67,241,953
Katharine Martin 145,989,242 49,300,120 612,665 67,241,953
Mark Myers 163,568,767 31,701,169 632,091 67,241,953
Philip Quigley 184,410,235 10,807,556 684,236 67,241,953
David Schechter 193,915,527 1,509,202 477,298 67,241,953
Proposal 2: To approve an amendment to the Company's 2000 Stock Plan to increase the shares available for issuance from 60,050,000 to 65,800,000 shares:
156,477,914 38,691,775 732,338 67,241,953
Proposal 3: To approve a non-binding advisory vote on executive officer compensation:
98,911,367 96,091,925 898,735 67,241,953
Proposal 4: To ratify the appointment of BDO USA, LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2014:
258,770,266 3,043,734 1,329,98
less than $30,000/year in REVENUE. Currently selling at 8,314x sales. What are you guys smoking.... huckleberry???
wallstreet- Ask any owner of the galaxy s3 or 4. We are big fans of our phones. I have the s3 and I'm waiting to purchase the s5 (though I like the s4 too). Also waiting for the next generation galaxy gear (wrist device) from samsung. I suspect many s3 owners are pursuing the same plan as me. At this stage in the game, device consumers are not stupid. We've been around the block a few times by now. Everyone knows that first galaxy gear sucked. It was to be expected with such a radical new product. Not to mention, you had to purchase a modified s4 (or wait for the s5) to work with galaxy gear 1. The whole launch was set up to fail. GGear sales were unimpressive with good reason. But all this extra pent up demand is a coiled spring for demand of the s5. Expect ggear sales to pick up with s5 launch of course. However, smart, patient consumers will be waiting for ggear v2. That's when the wrist device will really make a splash! Its a safe bet the s5 will work with the next gen gear also, so I'm not waiting to purchase the s5. Think back to how many s3's were sold. We're getting itchy....... Almost time in the cycle, just in time for the s5 launch.
I read that too today. That's why I love the woz, he says what he means but he don't say it mean ;-)
He makes a lot of sense here, but doubtful it will ever happen. Apple likes to have total control over both software and hardware. mostly though, apple doesn't want to give up control over their customers. If they were to use open software... Poof! There goes the stickiness to their customer base.
I will be cheering you on, onyx! Ricci is a #$%$ and deserves criticism. I keep telling myself... Carl is putting up with ricci's bs for good reason. We don't know what that is yet, but there's no way ci would fold (standstill) and put his money on ricci to deliver unless there's a decent plan in place
They have recommended nuan on fast money a couple times. However you're right... EVERY single time they've had Icahn on the network they do not mention nuance - except for once near the end of last summer. Wapner asked him about nuan and you could tell ci didnt want to talk about it. "Its a great company..... Next question!" It's my opinion that it hasn't been touched on in the several Icahn CNBC appearances since then because Carl has told them not to ask about it. Since he's acquired his 20% ownership limit by now..... Maybe this will change going forward.
Cramer's no good. I like the options action guys though (mike, dan etc). Tim seymour and grasso are good too
in case you haven't noticed, they're currently still on the same team. Icahn owns 20% of ricci's company and just voted him back onto the board along with all ricci's cronies. sounds like teammates to me. We know Icahn wouldn't be in this arrangement if he didn't see an angle.