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Falconstor Software Inc. Message Board

punchythumperstein 5 posts  |  Last Activity: Jan 19, 2015 5:19 PM Member since: May 16, 2011
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  • punchythumperstein by punchythumperstein Jan 19, 2015 5:19 PM Flag

    (Do Your Own Due Diligence) -- It's nice that ISS and others are weighing in this way and that way, but as a long (too long), but thankfully very minor, holder of this nonsense, my own experience is that Barry's ridiculous guidance and statements starting from around the time of the SCB acquisition create a greater conflict of interest than I'm concerned about with Vintage -- mainly that his characterizations of IEC's performance conflict with reality, and that leaving him in charge of this operation conflicts with it being a profitable investment. I voted Gold for (to me) obvious reasons.

  • Reply to

    Vintage, Wolves in Sheep's Clothing

    by jprovenzano100 Jan 7, 2015 2:57 PM
    punchythumperstein punchythumperstein Jan 8, 2015 8:48 PM Flag

    Most salient post I've read on this board in a long time. Barry's own latest message to shareholders pleads his opponent's case. The board apparently didn't vet Schlarbaum as he was regularly promoted over 8 years at the company, ultimately to president. The great new board talent brought on in 2012... have led to the last two years of unacceptable non-profitability. As for Barry taking to task Vintage's claims of profitability, who can forget Barry's outlandish guidance after the SCB acquisition? Gold proxy all the way, baby.

  • Reply to

    Wait For the Gold Proxy

    by peppyscheer Dec 30, 2014 12:55 PM
    punchythumperstein punchythumperstein Dec 31, 2014 8:44 PM Flag

    Pretty good analysis here: http://seekingalpha.com/article/2789015-iec-electronics-proxy-battle-interesting-details-emerging?page=2&uide=8258981&uprof=45 In retrospect, Schlarbaum's sudden departure while the SCB acquisition morphed into fecal matter, says a lot -- especially as it is now being characterized in the competing proxies -- read through the spin and they're practically saying the same thing. Remember Barry's increasingly ridiculous levels of guidance, because SCB was "immediately accretive" and was bringing new high profile customers into the fold? Seems Schlarbaum knew better. But Barry overruled, had his pride before the fall, and then (and now, in the proxy) made Schlarbaum a scapegoat. After this performance, bring Schlarbaum back and sack Barry and his yes-men board.

  • punchythumperstein by punchythumperstein Nov 21, 2014 1:23 PM Flag

    This P.o.S. will dive under 60cents by New Year's, bankrupt by July.

  • Reply to

    something to think adout.

    by myword2967 Nov 13, 2014 4:44 PM
    punchythumperstein punchythumperstein Nov 18, 2014 12:46 AM Flag

    Their heads have been off their jobs for almost 2 years. Vintage isn't doing this to cost more $$$ (like the SCB fiasco did), this'll return their investment. Ride the tide!

FALC
1.38-0.0400(-2.82%)Jan 30 4:00 PMEST

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