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F5 Networks, Inc. Message Board

mediahhh 1 post  |  Last Activity: Jun 19, 2014 9:43 PM Member since: Jan 3, 2000
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    I've Had Enough......

    by rayj00 Jun 18, 2014 4:50 PM
    mediahhh mediahhh Jun 19, 2014 9:43 PM Flag

    Rayj00,

    You have been here a long time. I would strongly suspect that this thing is done. It's been a sad puppet since the previous CEO died. The fact that they settled with his widow, as mentioned in the last 8k, should have been telling. As someone who was once an active supporter of the company, and still holds significant, though relatively valueless shares, I can say with clear conscience, I think this animal is on it's last breath. Actually, IMHO it died when they went with the hosting company out in the midwest and abandoned their cloud storage products and got rid of, or lost all of their technical people. The current CEO is simply a name on a few pieces of paper now, the rest of the board, left, I would guess, to insulate themselves from any fallout of the seemingly inevitable bankruptcy of the corporate entity. The spike in volume recently, if I had to take a wild stab of guess is The CFO, other old vested employes and parties, and previous creditors unloading shares for fractions of pennies on the dollar.

    Best to you...

    Sentiment: Hold

FFIV
123.660.00(0.00%)Aug 28 4:00 PMEDT

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