Hope by next quarter we begin to see same return on investment or this guy should be out.
Apparently, people around here don't remember where Borland was a short 2 years ago. In the tank. Losing money hand over fist. Most were concerned about the company's very survival. Then, Del comes in and starts making radical changes, and suddenly, the company is breaking even plus a little again. This guy stopped the bleeding and saved the company's life.
When a business gets in the condition that Borland was in, it doesn't turn around immediately. Maybe this one is taking a little longer than first advertised. But what is important is that the turnaround progress is steady, if slow.
Not all problems can be solved overnight. I, too, have been frustrated by the lack of progress at times, have lost interest in Borland altogether at times, and question some of the decisions that have been made. But Borland has a good lineup of products and has returned to a degree of stability in only 1-1/2 to 2 years. IT COULD BE WORSE.
While I'm concerned Borland may have overcommitted to Java (a technology that just wasn't/isn't ready, and may never be), I can see the market pressures were there and there wasn't much of an alternative for the company.
Anyway, those in it for the fast buck are probably going to gripe for some time, as the "turnaround" will undoubtedly take longer. But in my view, by any reasonable measure, Del has done a pretty good job thus far in the process. |
