To: blankmind who wrote (8975 ) 6/7/1999 12:23:00 PM From: vinh pham Read Replies (1) | Respond to of 30916
your comment:"but often in companies growing like idtc, new mgmt becomes necessary because the people who ran a 100 million dollar company, do not have the abilities to run a 1 billion dollar company. do you think idtc might take more drastic action, such as the cfo? or only the board?clearly hj needs balance, and stronger underlings would be beneficial. i am not suggesting hj should go." my question: Stephen Brown is the incumbent CFO. i have no background information on him. can you help me with info on him? technologically, other managerial new hires are people supposedly experienced in the telecom business such as the guy formerly from Bezek (sp?) of Israel--closely pertaining to the Near East market that IDT has been going after; Irving Goldstein for the satellite telecom business. where else specifically do you see IDT upper management's weakness? your comment: "they missed the first q, and now the the 3rd, that is 2 of 3, and clearly with better asset and hiring mgmt, they should have made the q. so far, they have failed to learn from their mistakes after being pulverized into single digits after the first time they missed. hj answer about hiring and employee count on the cc did not give one this impression." my question: IDT was one penny short of the 7 cent concensus and the shortfall was attributed to higher income tax. so, my concern lies within the IDT's responsible accounting personnel for not having anticipated higher tax. are you inferring that headcount expansion caused the shortfall as well? your comment: "then they stumbled on the effects of the spinoff of ntop on the bottom line .10 or .2?" my comment: James_Gatz_99 on yahoo thread theorized that the seemingly confusing responses of 2 cents and 10 cents would have the same impact. 2 cents is after tax and 10 cents is before tax.