SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IVI Checkmate (CMIV) -- Ignore unavailable to you. Want to Upgrade?


To: hsg who wrote (2862)11/15/1999 3:39:00 PM
From: Sultan  Read Replies (3) | Respond to of 3721
 
One reason I am really really p____ with the management is because of lack of support to the share holders. When other tech companies become really cheap due to circumstances beyond management control or even because of management incompetence, they will provide support by way of company buying back shares (check out OTX, COGN and many others) or management buying shares on the open market.. Here, NADA.

So I understand if the management is so broke, even after what we pay them, not to personally buy shares on the open market but what about the company. It reduces float, increases per share earnings and generally makes it better when things do turn around... And the company's dense position on buying back shares is, we will execute and the share price will be taken care off. If they did their job, we won't be at these levels any way.... Bums...