You sound like you might be qualified to be a UNXL evangelist!
I WAS WRONG! You would be great fun at party!
(It was MORE fun here when there were as many clueless, as bitter posters.)
I am pretty sure most of my concerns, turned out to be warranted.... How's YOUR life working out?? I am getting the feeling you aren't much fun at a BBQ.
Building a plant in France (even WITH incentives) WAS a HUGE George Perlegos (previous CEO) Faux pas.
remember LAST time you spouted off... Beginning of the end, if MY memory serves me right. I'm (re)telling ya, karma is a funny thing.
9$ &10$ call options had reasonable volume today... looks more like a play, than anything to really be concerned about. You have to expect this kind of thing for a low float, under-followed stock. I am NOT expecting a blow out CC however... they just need to show they a moving forward....
but what do I know
See THIS is what corporate governance is SUPPOSE to be:
Do OUR BODs have the best interest of ALL shareholders front and center?
(Due, I PROMISE I will be your most enthusiastic advocate when concrete results are adding to the bottom line... GAAP, that is)
"I don't really care about the stock buyback program. I'm not questioning how that benefits the shareholder base. A smaller float means higher share price." - "due diligence"
You would think so, wouldn't ya??? You have absolutely NO IDEA what I am talking about, do you?.... Due Diligence my behind! Why don't you come back with some figures of shareholder buyback dollars "utilized", and "reduced" outstanding share float, during the last three years? And don't bore me with NON-GAAP mumbo jumbo.
As I stated previously, ATMEL has been on the brink of greatness for TWO DECADES, only to have all its "great expectations" wither away, time after time. All MY posts can be easily validated... by those who care to use their eyes and minds anyway. YOUR posts are all on the come, and require faith and belief in unproven 'assets'... or at least in some cases, some "very known" entities.
worthless, huh? getting kind of personal! ... you're gonna hurt my feelings!
I am sure he is sincere in his beliefs, but also a "member" of problem. He may not have been around since 2006, but has drank the Kool-Aid, and/or is on the take. I am not saying, much of what he says, is necessarily wrong, but except for a very brief period, the company has floundered over the past 7 years. Yet for some reason, some very select individuals, have accumulated MILLIONS of shares, and the company has very little to show for it.
Jeff Immelt just got done spending his entire bonus on GE stock... not that GE is some shining example of success, BUT it does convey a certain integrity and confidence in his own leadership.
And Due, might JUST BE CORRECT this time... , but arriving at this stage can hardly to attributed to exceptional managerial, or execution skills. Just think what a truly qualified CEO could have accomplished, in a far more acceptable timeframe....
"But of course this cannot go on forever"
You're right... I wonder if you can hold out until it happens??
Notable Excerpts [and Reflections...] :
1) "rear facing are not important" - The only definitive source of historical accuracy
2) "will eventually" - promises, promises
3) "If they execute" - based on what? Devine intervention?
4) "Will it happen overnight? Probably[?!?] not" - "Probably" is extraneous
5) "The company has always been profitable" - This must be some NON-GAAP hanky-panky,
that I can't understand
6) "If everything they're doing is accretive..." See #3
7) "Nobody likes a #$%$!" - Finally something we both see eye to eye on,
but neither is avarice, nor unwarranted entitlement, looked upon too fondly...
*** Other than the first year, how has the stock buyback program materially benefited the shareholder base? ***
remind everybody your BRCD short break even price again...
It is ONE THING, if all shareholder were in the same boat... but quite a another, when Laub dismisses a CC question about any future potential dividend payout, stating the stock buyback program is their answer to returning cash to stockholders. It was arrogant, deceitful, and furthermore, a blatant failure if that is the BEST they can offer.
Well at least one person (who am I kidding), feels my post depicts, something less than unbiased reality. Rather than exert a gesture, as spineless and meaningless as a "thumbs down", how about a thoughtful reply detailing my errors and injustices? ... of course that might require some degree of honesty and reflection. Make your case; I am big enough to admit when I am wrong.
I do however, subscribe to the notion that money talks [READ: Results], and... well you know the rest
Look, you can dismiss my evaluation... How long has Laub been at the helm? It doesn't take quality people, this long to stumble upon a strategy. ATMEL has been on the brink of greatness for 2 decades. George was brilliant, but didn't have the business savvy to lead a public company. Stevie has had more than enough time to prove his worth, and I am sorry, I just don't see it ... and the number's don't lie ... well unless you believe the NON-GAAP nonsense.