39 bucks for new releases, and look
at those games!!!, i'm drooling:-)
Alex,
There's always a bright side. <g>
Old Bobby and crew have a busted roll-up
on their hands, buybacks are the first step,
next we change the top management,then the
next batch of roaches appear,leaving the new
management holding the bag. I'm still
speechless,at least these guys are hiding
in their bunkers now, we won't have to listen
to the billion dollar noise anymore.
I'm also speechless. I thought I was prepared, but the extent of the problem is frankly astounding. I spent my time in NY with a bunch of bankers listening to another financial disaster. Sometimes the truth is beyond comprehension. I'm so disappointed at this company's level of obfuscation, confusion, and denial. I mean, they couldn't even meet their own recently revised projections! In my book that means they are either: 1) Liars, or 2) Incompetent. Since I don't think they are 1, I'm guessing it's 2. And they want to spend CASH to buy back shares. Amazing. Let me see...."times are rough...transition...lower asps..etc." ...let's spend our cash on a buyback. Who do these guys think they are...Intel, MSFT? "We happen to have so much cash lying around that instead of paying off short-term debt, fund current operations, or just save it for a rainy day....we're going to buy back shares. That is either completely asinine or representative of how dilutive their recent acquisitions have been....either way it's bad.
-Scot |
