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Technology Stocks : ACII - AmeriChip International, Inc
ACII 25.19+0.1%3:43 PM EST

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To: wso2 who wrote (1965)6/19/2008 3:08:53 PM
From: rushlong  Read Replies (2) of 2396
 
New PR basically says up until now americhip has had lousy unprofessional management with an organizational chart without clearly defined roles, responsibilities, objectives and performance milestones. In addition, Americhip has not focused on exploiting LACC business even though the LACC was claimed to be Americhip's ticket to riches. Doesn't it sound like Marc should be shown the door as new CEO's PR implies he failed miserably. Further, management reporting, control and accounting systems have sucked. Intent now to generate free cash flow for share holders...that means dividends...well we knew management sucked. I would like to know if Marc agrees with this PR...meaning does he agree his leadership has been a disgraceful failure. Is he eating humble pie? Is this PR true and accurate or pie in the sky fluff?
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