Marty..... each of these is 9 points is potentially good news for TSYS...... Certainly hope so.... maybe TSYS will finally start an upward cycle. Thanks for the update and, GLTA.
I'm not entirely surprised, but I still haven't seen anything regarding the proxy from either management or the challengers..... it'd be nice to get some info on what each side proposes. GLTA
SEC Form 4 filings from 4/2/15 can now be viewed on nasdaq websites:
Maurice Tose Acquired 295,000 shares - no sales reported
Richard Young Acquired 172,429 shares - no sales reported
Thomas Brandt Acquired 138,357 shares - no sales reported
Drew Morin Acquired 138,357 shares - no sales reported
Timothy Lorello Acquired 74,786 shares - no sales reported
The number of options awarded seems quite high.... looks like upper management must have REALLY exceeded everyone's expectations this past quarter!
I'll be looking forward to an absolutely stellar sales and earnings report at the next conference call. GLTA.
tigerpac...... I hope all the BTN shareholders read through everything that is provided and that they actually vote their shares. The company only has 14MM shares and it's pretty much an illiquid stock.... every share should be accounted for with this vote.
That said, there are a few large institutional shareholders and they will push the vote whichever way they deem most advantageous..... hopefully, whoever wins will take into consideration all those long-timers who have held shares. I intend to read through the viewpoints presented and make a decision I feel is best for me. I've been in BTN for 6 or 7 years, watched it rise and then slide back in share price. And yes, I should have sold. What I can say is that I cannot recall the company management ever putting its shareholder interests above internal needs. I too an certainly open to another approach more beneficial to shareholders..... looking forward to the info from Fundamental and the company. GLTA
btnstock...... it'll be interesting to see how the proxy fight plays out...... this is a lot like the movie "Other People's Money". GLTA
net..... BTN is not a particularly liquid stock...... one can usually buy shares but it's a difficult stock to sell..... just not enough shares nor a following.
mark.... funny you mention the buyouts..... not saying it'll happen here but twice that same situation has happened to me where I've gotten tired of holding shares for several years each.... Anyway, I sold my shares within 1 or 2 days, buyouts of both companies were announced...... Goes to show that "just because you're not paranoid doesn't mean that people aren't out to get you. " GLTA
looking..... yes, I responded to your first post earlier today where the "Ask the CEO" feature was first mentioned,,,, I responded and mentioned that I had submitted 2 comments to the CRUS website's "Ask the CEO" section.... I didn't care that the questions weren't posted on the website but I still don't know the answer to my question on hearing aids products..... GLTA
looking.... FYI, I responded to your post and it disappeared... not too sure what on..... neither of my 2 posts to the "Ask the CEO" were answered.....but just to be clear, I asked the questions something over a year ago after the company went into the post-lawsuit, "gag order" mode and wouldn't say anything regarding their products, what products in which they had content, etc.
One question I did ask was whether CRUS worked at all with hearing aids.(I still don't know if they do anything in that industry)..... I can certainly see not mentioning future products, but I think the company should be able to acknowledge products they are in once the items are sitting on a shelf at Best Buy. JMO. GLTA
jerry.... agreed..... I don't see greenmail either but maybe an LBO would fly..... if management wants to run the company like a privately owned, family operation...... let them. If Convergent is going to take off, we should at least hear about it or if not, tell shareholders that it'll be another 2 years of slow growth. JMO.
pprccr007..... agreed...... obviously, the first meeting with Fundamental and the old Board didn't go well...... obviously we don't know exactly what went on at their meeting but the end result shows there wasn't much, if any, cooperation from either side..... I relistened to the 10 minute conf call...... guidance was conspicuously missing...... no analyst coverage or questions........ and no mention of specifics from Convergent..... most of all, there was no sense of urgency of improving results. I'd be upset also if I owned 17% of a company and the company was happy to just plod along for several more years before earnings improved..... there may be lots of positive news boiling just under the surface at Convergent, but management hasn't projected much progress. JMO, Fundamental's "kick in the pants" may be what it will take to address poor shareholder results and until that happens, this will remain dead money. GLTA