Believe it or not, if it weren't for takeover speculation NN would be under $20. Good news: in the game of telecommunications equipment ATM musical chairs, NN is the last chair left with at least 4 players circling. When the music stops,someone will sit in the last chair, no matter how rickety it is.
Well put. I thought your post was dead on. One more thought, as I read through this thread: Terry Matthews is lobbying the government to reduce taxes on options granted to employees to attract and retain talent. I feel for the NN engineers who have been laboring in Kanata for years watching their peers at CSCO and ASND make MILLIONS while their own options aren't worth the paper they're printed on.
Building shareholder value and meeting wall streets expectations (which were set by NN execs, BTW) is critical not only for us poor investors, but also for employee morale.
I know the bulls keep saying to look forward, not back, but to them I say, "Those who don't learn from the mistakes made in the past are destined to repeat them !!"
Ciao,
Peppe |
