Folks,
I have not resigned, nor have any other wild speculation ideas happened. This board, until recently, has been very quiet, and I have been quite busy with other matters. Sorry if you felt ignored or worse.
If you happened to see the Yahoo! board recently, you know I've been active posting and speaking in NYC at an online investor relations conference.
Posting subjects have needed to be restrained, due to our shareholder meeting coming up next week.
As for our business, as you can see from company news, we have continued to be quite active on the acquisition front. In response to a question here, we have integration teams to handle different regional issues. Our teams comprise experienced individuals in networking, business style, financial, and the like. We work with the management of the acquired companies (almost all of whom remain with the company, as a rule) to take their business and link it to ours.
Yes, the integration is important, and we treat it so. As you know, our company runs on standards that apply worldwide, and this requires good integration.
That said, you should remember that we acquire companies that are excellent in their respective markets, so that they are up for the challenge as well.
As for "the market", I haven't a lot to say. We have been executing on our plan of acquisitions and market expansion. The volume of trades in our stock has actually been a bit low lately, and the market is hitting Internet stocks generally. I don't take it as something directed at us individually. Nonetheless, I don't like it, either.
Regards,
David Kunkel |
