Oh Boy Daniel, I hope in our next lives you come back as my boss. With your, what shall we call it, generosity?, I'll sit back and groove with Bob Marley while explaining life's probems and awaiting solutions for another day.
Sorry for the sarcasm, but we're talking money here and the CTXS team just evaporated a whole truckfull of mine for no valid reason. VALID is: we decided to go for a new customer base and the result was that our earnings were penalized for a quarter or two, but just wait cause ultimately we're going to come out big time ahead. O.K. so the penalty is a bit higher than contemplated. That's all right---business is like that and nobody hits the ball out of the park every time.
INVALID is: jesus, we're blowing it big time and even though we think it's long term o.k., it's not o.k. to let anybody know about it or we'll get hit. So let's play: just pretend and hope everybody doesn't notice. Damn, those guys have laptops that work Excel spreadsheets just like ours and they're SEEING IT. Maybe they're stupid and we can finesse it. Not.
Daniel, will you pay for that explanation? Don't take it personally: I did, in one of the bigger bone head moves of my not totally unsuccessful investing career. Sheer Idiot: mike doyle
PS--and don't even begin with the notion that they didn't let somebody know--60, 70 million shares? Once you get beyond your brother-in-law and three aunts/two uncles, you're up to 100,000 shares if you're lucky. This is clean out the management team time and if it doesn't happen soon, I'm outta here. md |
