Replies to Msg. #649439
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 Msg. #  Subject Posted by    Board    Date   
05722 Re: The rest of my post
   Steven is unproven, eh? I don't begrudge you that opinion. He has pr...
Hari Selden   ALEA   29 Aug 2011
5:40 AM
05721 Re: The rest of my post
   Hi tkc, This is too strong: "The man is simply unproven w/ a long h...
Cactus Flower   ALEA   29 Aug 2011
4:49 AM

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Re: The rest of my post

By: tkc in ALEA
Mon, 29 Aug 11 3:15 AM
Msg. 05720 of 54959
(This msg. is a reply to 05714 by Hari Selden)
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Hari, I have some reservations w/ your post. 1st, the appearance of $100M in revenues could certainly not be considered "sudden." 2nd Steven has a history of seeing the plum fairy, no reason to think there will be one this time. And, "Steven would have to be pretty stupid to add a bunch of employees that he can't afford to pay." He's done it time and time again. The fact that he added another shelf, in and of itself suggests he's not all that confident that success is in the near term. And yet he continues to add staff that is unsustainable. The man is a dreamer who requires a manager to govern his prodigal behavior. One should utilize caution when a tout urges a large bet to win on a nag that's never won a race and is entered in a higher class. The man is simply unproven w/ a long history of nothing but losses and bad decisions.