Sigh! Because I love you so much for your Portland advice (tho' we didn't get to use it), I'll tell you a secret that Brian Turner knows. (And it comes from a man whose grandchildren will be very, very well-off because their Daddy works for Microsoft and now has options to acquire close to $2 million of MSFT stock for $135,000----no shit!!!)
MSFT has no intention of acquiring RSYS stock (even tho' I've been crapping around that it has). If it did, would its co-pimp in the tech world, Intel, be selling RSYS stock? And, suppose it did? When has any company's shareholders made money by the company getting into bed with Microsoft? When? Ever? Go back to Microsoft's beginning. Look at the list of people and companies screwed by Microsoft starting with IBM and STAC. (I once posted this comment on the AWARE chat line after MSFT said they would use AWARES' technology. The answers agreed with me. One guy even said, "O, the stories I could tell you.") Myers may make money. Turner may make money. But, we won't!
Don't ever get your hopes up, by counting on what you think MSFT "needs." It doesn't "need" anything it can't steal (or, get Intel to steal for it).
Of course Turner isn't "terribly worried about the recent stock performance." WOuld you be if you held stock (or, could still exercise options to buy stock) for $8.08 a share like the RSYS execs, Intel, Tektronix, etc.? You could still make a profit of %300 by selling it for $24 a share. (You might be amazed to hear that on 2/20--when RSYS was at close to $40 a share--its executive vice president sold about four thousand shares of stock for $28 a share. What do you think that discount does to the value of RSYS stock?)
On top of the above, the RSYS execs care about the value of its shares so much that they suggest that the SEA situation might hurt the company at a conference meant to buoy investor interest in the stock. On the other hand, when rumors surface that there might be quality problems with product sold to ABB, you get nothing but silence! (Hardly like Merck who, when a lot of negative shit forced its shares down, met with Merrill, Lynch to explain that thing were OK. So, today its shares were up close to 2 points.)
O, the things I could tell Turner. If you speak to him again, tell him to call me collect (516-766-5552). I'll add the cost to my other RSYS losses.
I feel like an asshole for complaining about "stock manipulation" to NASDAQ and the SEC. The problem with RSYS is that its management consists of either rogues, fools, or just people who are indifferent. If I had known that a year ago, I would have sold the shares short too.
Whew! I feel a lot better, even tho' as of tonight, I'm a lot poorer. |
