CJ,
I have to admit, I agree completely. I have been a CPQ long, since about 3 mos. after EP took over. Over that time, I am standing on a 300-400% return. So, earlier this year, I was hesitant to criticize EP too harshly. BUT.........all of the evidence since his ouster has definitely pointed to a complete breakdown over the past year to 2. I understand (and if I were in his shoes, operating with the same information, would have waited just as Rosen did) why it seemingly took Rosen so long to take EP out, but it is now evident that EP failed miserably with the DEC integration.
Why not take my profits and move on?? Because, I see very few opportunities that offer the upside potential that CPQ does. I really believe that in a relatively short period of time (say 6-12 mos--the emphasis is on relatively) CPQ's problems will be corrected with just a "good, solid" CEO (anyone better will be gravy)and within a year, we are looking at at least a double in the stock price from today's level. Remember, for all the problems they have.......there are still a number of positive aspects about this company. And, Rosen and company have been correct in making the changes they have as quickly as they have. This will save a new CEO at least 3-6 mos. in getting the ship turned.
All JMHO, of course.
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