Michael and Richard,
The commonalities of ANCR and MRVC are management. Read this again, man-age-ment. Not cash not balance sheets, man--age---ment!! got it!!
ANCR had a terrific product that they could not sell because their competitors realized it as a commodity business, slashed prices in order to gain market share, and ANCR was left a day late and a dollar short. MRVC does not make one thing that is unique so you must depend on a management team that can execute, sell, market, and kick the ass of any competitor that stands in its way. That is MSFT management not MRVC. Worst of all, when managements get in trouble, being straight with the shareholders is the very LAST thing on their minds. Right now, MRVC management looks a whole lot like ANCR and nothing like MSFT. And in the commoditized business in which they find themselves a MSFT management team is what they need.
As I said earlier: stock price talks, bull$shit walks.
Cube
PS. Stock has broken to not only a 52 week low, but broke the lows set in early 1997. Just a point away from breaking the 1996 lows. |
