FIO shareholders DID NOT have any reason to buy SNDK stock- they were cashed out, at a huge loss for most- You don't seem to know much about the transaction.
If you think you are so smart, then explain why any investor should have money tied up in this "going nowhere" company? Isn't that one of the primary goals of a CEO- to return SOME value to the stockholders? He simply keeps covering his #$%$ every qtr by lowballing his forecast- allows him to make it each time- and gain his bonus- but investors are left with their funds stuck for another qtr- with virtually no return.
Csco doesn't need to lay off 5,00o more employees- There is only one person that needs to be let go to turn this companies fortunes around- Chambers- How long is the Board going to let him ruin this company?
On its 3rd day? This is ridiculous-