Just to clarify, you were not addressing me when you made the point about not appreciating a previous comment about your post. That must have been Larry's response to you, and it was obvious that he was just directing some of his "DLGC Syndrome" on you. I wouldn't take it personally....Larry has been on this board for quite some time and is a nice guy...he has just had it like all of us.
I am not much into TA, however, I have found that if a company does what it is supposed to do....enhance shareholder value, TA becomes irrelevant. Unfortunately, even with my lack of TA, I tend to agree with you that most everything in this company points downward, so I am not surprised that your TA confirms this.
Another hidden cost that many may not realize is that many of the great engineers DLGC has hired in recent years at high salaries and high initial training costs are going to be quickly lured away by some of the hotter and faster growing CTI companies. These engineers will quickly realize that they are in hot demand, and as they start seeing their stock options as useless, it won't be hard for the other companies in the business to lure them away. This is a shame, as hiring and training an Engineer is very expensive. The same thing has happened to alot of other companies....Novell comes to mind. They lost alot of great talent as their management squandered its market share.
Still hoping for a buyout....Novell has $1 Billion in cash and a recent article in the April edition of Computer Telephony has an interview with the head of the CTI division at Novell. They indicate that DLGC is one of their competitors. I am no big fan of Novell...previous management has destroyed everything they have touched, but, they do have $1 Billion in cash and new management. Maybe they could get rid of some telephony competition by buying DLGC. Their previous inept mismanagement of funds is no worse than what we have now.
There are alot of companies out their who could benefit and tap the potential DLGC has. The key is that this business moves very quickly, and if we wait until the end of the year, there won't be any value left. |
