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MZ, this is my off beat commentary for which you can read this morning while your sipping your java, some of it might sting and some might get a laugh....It was a really unprofessional downgrade by Al T. at NB-mont...It has delayed the ineviable...AL T was fairly tight with GS and SA and this looks like a pay back from the old guys, I am just sorry it happened at such a bad time...However, in todays business world leaders are not questioned on tactics if they delivery and at what point are you accountable...You were suppose to delivery JPC, GTE-Ilec, BEL CO and a financing plan by the end of the qtr with a Data interg partner...I think to delivery all is unreasonable but one certainly isn't....Now shareholders have to wait till june since you decided that your 20mill stop-gap would hold the company over for a while...At least Ex-emp can be assured their severance-pay and hopefully you decided that a full blown financing dilution was not needed if westell is up for sale....After these misses, you must know that Buzz bronze coin has to really like you to still be in charge, yes I know it hurts but these are the facts one must face....Some advice, late a night sneek over to Buzz bronze coins house and while he is sleeping(dreaming of the days he worked in Westell Manf as a little boy) cut his pony tail off and maybe shareholders will get lucky and he will turn into a business man the next day.....Or the next time he wants to talk about his lava-houses change the subject to Westell's market capitalization compared to it peers....MZ I know your focused and determined and should not shoulder all the blame but the accountablity clock is ticking, that 20mill deal could have been done over a long weekend and I only hope you did it because your shopping your enterprise....Don't take it personally but this is business, just remind BUZZY for me... |
