Anatole,
In my opinion, the only thing management should be responsible for is developing, producing and selling graphics chips, period. Ok, they can have conference calls with analysts too after they release earnings each quarter, and attend tech conferences such as H&Q. That is, if management wants to maximize shareholder value (which is what I believe they want to do, given that a large part of their compensation is based on this) the best way to do this is to spend 99% of their time working on their business, not talking to analysts. A bullish article in Barrons or positive mention on Wall Street Week might push us up a few points, but it won't sell us any more Virge Chips, or give us the next generation Virge (hope its coming....) Let management do what they do best, run the company, the and stock price will follow... Wall Street cannot ignore numbers forever... This is a market based economy and stock market, and no matter how much "spin" the PR people put on the street, its hot chips and advertising which makes profits, which will raise stock price.
Just my 2 cents
Darin (Long on S3) |
