[Interesting Posts 3]
agm ny
by: urgetosurge 5731 of 5734
Unfortunately, I wish I knew. The lack of the financing news ,coupled with waiting for the last hour, regardless of their reasons, is just wrong. A skillfull management team that cares about shareholder value would not wait until the last hour. I believe it's due to the complexity of the whole deal. They do have sufficient funds to continue even if they don't announce by tomorrows deadline ,if that's of any comfort. It seems that the complexity of this arrangement has been in the works for quite some time which leads me to believe that their is a lot of ego-bull-shit political posturing so that everybody gets stroked just right<G>. All kidding aside, I do believe that the arrangements should be forth coming within the next couple of weeks. Even if this is the case there are additional press announcements that should be released. Hopefully, the c.c.will elaborate the specifics. And, if we can just get enough Westell shareholders pissed off, then maybe we can give them an earfull at the c.c..
On the flip side, if they do this right and have attained profitabillity, with long term sustainabillity, then we are looking at a long term play with tremendous up-side.
MB |
