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-
Also- as #$%$ as we are- imagine how #$%$ Elliot must be- hope he can force some action- this certainly gives him all the ammo he needs-
I agree- hope this wakes up the employees who are always raving about how good the company treats them- there was a reason- Jerry knew this was a house of cards- and wanted to sedate the employees into feeeling happy and staying- even as the ship was taking on water- WAKE UP EMPLOYEES_ JERRY NEEDS TO GO- our fortunes are now aligned!
Money managers are staying ahead of us- every time it comes up (produces a bit of a crop)- they rush in and take all the rpofits- I am about done-
Looks from the rebound like someone was trying to manipulate the price by driving it down- now is buying alot of shares- bringing it back up-
When their constant selling drives the value of the company down for their shareholders, the shareholders will eventually leave- and if enough do, Jerrys little cash cow will DIE.
Maybe because someone feels this is too good a deal to pass on- the price Mngmt was shopping it at was higher than Sandsk bought at- it may force some who passed on it to come in now, buy up alot of shares at a very small premium over Sandsks offer- and then come in with a competing offer- I don't think this is over yet- too many shares trading still-