I don't think the price swings are meaningful either, that's par for the INPR course. The problem is that the lack of competency displayed in the aborted CORL merger deal did not vanish the day it was called off. Now, as for the display of confidence in INPR, I'm sure the head of the nightly cleaning staff has the same outlook. Should we put then in charge of running the company? Lastly, the constant of incompetency, the BOD, is capable of hiring precisely the wrong person to lead the company, and they have.
Now, I realize that's all too one-sided and rather harsh and such, but I'm not saying the guy is a numbskull or a bad person, dishonest, not being genuine or any of that. I'm just making the observation that the CORL debacle can't be just explained away. It's evidence that he doesn't understand the value of the company or its place in this industry and that isn't likely to change any time soon. Clearly he doesn't get Linux or he would have know immediately that Corel's debian distribution was a non-starter relative to dozens of real distributions already out there.
Finally, if he is brining in people he feels comfortable with (people who are also walking around in the dark on these issues) then you're in real trouble. Look, I don't want Wendy's Dave Thomas running Inprise either. It doesn't mean that I despise the guy because he doesn't seem to understand what the company has, or that he make decisions better left to a dipstick than his own technical expertise. |