D LEE (and Darrell), The people that USED TO BE at CVIA were in the CD-Rom business. They ALL left!!!
And in my opinion, it's a good thing they're gone!
I agree that "changing industries" is usually a problem. And for that matter, that's what the OLD management did when they changed from the CD-Rom business to the "NO business." And the share price dropped. So you're right, changing industries is not good.
Jack Arnold (the NEW management) is picking up the pieces here. He went out and found people that can build a solid program.
CVIA, for all intents and purposes, is not the same company they were under the OLD management. Different people, different business, different plan, and hopefully a different result... namely PROFIT!!
I don't mean to sound brash here. But when I actually went to Tulsa last July, I went into the office and visited the OLD management. I was completely disgusted with them. I left their office and immediately went to a phone and called in my sell order.
My impression of the NEW management is vastly different. I think the NEW management can make good things happen here.
The idea is simply to get good people and let them do what they do best. To me, that's good management. And good management can make profits.
Time will tell, for sure!
Best wishes, Brad |