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Technology Stocks : BLUE WAVE SYSTEMS-BWSI A comer in telecom -- Ignore unavailable to you. Want to Upgrade?


To: Christopher Brainard who wrote (164)4/26/2001 8:28:14 AM
From: John F Beule  Read Replies (1) | Respond to of 170
 
Our fortunes will be tied to Ed Breen (head of broadband unit who came from the top spot at GI). What needs to play out here for MOT, is a serious management shakeout with Breen going to the top spot, AND a wiping out of the layered fat of management that is killing MOT.

I think the earlier calling of MOT going bankrupt was a warning shot to management, and they should not take it lightly.

It's sad that a company that makes billions, can have such an inept structure as to burn all its cash flow before it gets to the bottom line. It tells me the head cheeses are sucking the company dry.

That said, MOT has reinvented itself many times in the past, and I believe that it will happen again. The shareholders of this company will be determined to make it so.

Good Luck,

John