Kevin:
Since misery loves company, I couldn't resist tickling you on your $+1 per share early rise and close up $1/2. Obviously, your crystal ball is about as clear as mine, as I am sitting on a bunch of this company's stock at an average of 15/share. Looking at the volume and stock action today, one day after the earnings (or lack thereof) announcement, I can only conclude that my investment is going to remain dead money for some time. The "Market", whatever that means, for ADSL stocks seems pretty indifferent to talk, talk, etc.
Investing in ADSL has turned out, for me, to be like being a pregnant woman. She's not sure what the baby will be like, but during the pregnancy, she as uncomfortable as hell, and she can't wait to get it over with.
This baby is going to take a lot longer to mature, and we may have to take out additional loans to cover the delivery. Let's just hope for a live birth, so we can feel good about paying back the debts necessary. If this baby is DOA, a lot of people are going to be more than a little P.O.'d.
When I heard on the CC about the $600,000 retirement related charge for Seamans, in addition to all the stock options he must have exercised and later cashed in, it just made me sick. U.S. companies just treat their upper management like Gods who are allowed, even encouraged, to rape and plunder companies. Its really disgusting. |
