Please, don't everyone pat me on the back at once for calling the bad revised numbers on this rust-bucket! I was even off, they came in worse then I thought!
Geesh, you thought Bay people were jumping ship before, wait until now! When I talk to my friends inside, the mood is almost as bad as when the old management folks were running the place. The feeling is that Mr. House was nothing more than a new coat of cheap paint for this old rust bucket!
And the paint is chipping...new products too far out for any revenue potential, existing products that aren't selling or just flat out don't work. Sure, management is shaking things up, but it may be too late as this hole in this ship is far too wide, and the water is pouring in and this baby is going down!
When I talk to friends, they are A) Leaving in herds, or B) Hoping for a buyout from one of the big boys to make all those options worth something more than the paper they are written on, or C) Rewriting there resume on company time!
Well, it was a nice try, now they should sell out and get $30 a share if there lucky!
ByeByeBay |