TAVA is a good company in spite of their inept management. I own enough shares for a long period of time that I feel I am entitled to complain.
I find this remarkable. I'm short and am pissed the management is good, and you're long and are pissed the management is inept.
I really don't think some of the people on this thread appreciate a good thing. When Jenkins took over, this company was terminal. He took a gamble on Y2K, put together a product with great speed, built an infrastructure to support it, assembled disparate businesses into a coherent whole, vastly improved the balance sheet, and is now showing good earnings. He's not a carnival barker--he's a CEO. And he's got a hell of a challenge in front of him, post-Y2K. That's what he's focused on (or at least you better pray he is).
On the other hand, if you want to get rid of him, hey, nothing would make me happier.
Believe me, if he pulls this thing off, the stock will be at 30--without a single press release. On the other hand, if I start seeing a barrage of press releases, then I'm doubling up. A high P/E ratio (press releases/earnings) is a very good short signal. |
