Rich et al,
I don't know if this is off a tangent but I'd like to say a few words about this roller coaster stock.
How fast people tend to forget that many great companies with the greatest products on the planet have long since gone. Those that still are here today are those that market and sell their products irrespective of whether they are the best or fastest. I've learned my lesson once too many times following companies with the leading edge products as claim to fame. At one point in time, if the sales don't keeping growing, some hard questions have to be asked. Like they say, if you can't beat them, join them. If Fore has some problems growing faster than they are currently and with growing earnings, then the time has come for Fore them to sell the company. Most people, in my opinion, don't understand quality, performance and feature advantages which is why they buy whatever they can get to do the job for the least dollar. Just look at history and around you today, and you can name several products and companies that have since vanished or moved into the shadows.
BTW, the comment of the CEO saying they're going to meet with CIOs and CEOs definitely made me think and reassess this company's management which in the past I took on faith. Those comments were certainly not what I expected the CEO of an aggressive and growth focused company to be saying at this point in time. IMHO, this is what is normally said early on in the growth of a company. I assumed (argh!) they were doing this all along. What have they been doing so far???
Still long for now. |
