Greg,
my 2 cents on the report and WIND, in no particular order:
1) the new model can easily be viewed as very positive, which HQ admits. Will it hurt earnings in the immediate qtrs? Most likely but so what.
2) WIND, in the current immature phase, has no business what so ever to worry about earnings growth. Take a look at all the internuts. We need market share, domination, first to market, top line explosive growth, broad acceptance, platforms etc etc but not earnings. If I want a penny here, a penny there, I mind as well go buy some utility stocks.
3) I think WIND management really upset the street this year. They will not give WIND any benefit of the doubt and pound them whenever possible. As an investor, WIND had told me nothing of substance since firing their CEO. I wonder how much more if they told HQ? Do you blame them for being frustrated and publish an opinion with a negative tone?
4) Can anyone confirm the T2 and TMS status? If the company does not respond, I guess we can only assume that they agree in silence? but like Khan said, is that the whole company now? What about design wins and projects in progress. The company simply has to let us know.
5) In summary, I think WIND has screwed up enough that nothing would hurt them much more. Mr. Fiddler, take the opportunity and air all dirty laundry. Why not announce a big loss for the quarter and lump all kinds of charges here. Introduce a new WIND with a new CEO and tell us investors what WIND is doing for our financial well being.
Ramsey |
