<<Is it possible that in the past Wegener has purposely not been courting the larger orders because they didn't think they could handle that level of business due to their weak liquidity position?>>
Yea, right! The rationalizing goes on.....
I can hear the conversation now...
Smith: "Well Guys, looks like we've won that big $20 million order at ABC for their new digital infrastructure. I can't wait to spend that commission money on a new BMW."
Placek: "No kidding, we won a big order? I didn't know we were bidding on one"
Woodbury: "Geez Bob, we really blew it last time we had that big order with your golfing parter. Remember, you had the guys build three times as much inventory as needed."
Placek: "How was I supposed to know other guys had cheaper, better equipment than us? I need to get some guys from CBS and NBC on my golf league to sell that old inventory to"
Woodbury: "Besides Bob, if we take on a big order, that means a bunch more work for us, and I wanted to take a month off next year"
Placek: "Your right Troy. Besides, with all of the engineering and software people who have left the company, we don't have anyone to handle the extra work anyway".
Smith: "Huh?, you guys told me I was joining a cutting edge company"
Placek: "Listen Keith, all this new business you are getting us is really crinkling my shorts. You better better stop rocking the boat,buster" "And tell ABC, we don't want the order"
Smith (thinks himself): .... Time to polish up the resume..... |