the **TSIG** SITUATION. We were wrong but can we still win?
Just posted this on the TSIG thread. With a Conference Call later today and the stock at a new low because of a re-focus toward "core" values, is this a good time to buy or a bad one?
**** just posted ****
** I just picked up 12,000 more shares. I rarely average down, but Conference Calls
often reassure shareholders and that is exactly what is needed here. I will pick up
significantly more if it goes down a little further as well. Just nibble here and there and
wait.
It is the wise companies who make the hard decision to re-focus. Several companies,
like APPLE COMPUTER, who I work for, had to do that. So did IBM a few years
ago and Compaq, Eastman Kodak, etc, etc, etc.
You often become stronger because of it, because you now know what does not work,
so you eliminate strategic guesswork.
I agree 100% with the latest move. The margins and opportunities inherent in the
MyMusic Card deserve the prime focus, imo.
All I look for now is for them to execute, and since contracts are already in hand that
certainly helps.
I am more of a realist and optimist than some. In short, I look at the situation like this.
The company is beyond the phase now of guessing what might be the right path. They
tried something really ambitious and it became obvious it may not work. Instead of
wasting any more time and money, they decided to scale back and focus on core value.
Works for me.
Good luck all. |
