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Re: The rest of my post

By: Hari Selden in ALEA | Recommend this post (0)
Mon, 29 Aug 11 5:40 AM | 37 view(s)
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Msg. 05722 of 54959
(This msg. is a reply to 05720 by tkc)

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Steven is unproven, eh? I don't begrudge you that opinion. He has promised the moon and the stars for years, and only now has he begun to deliver a Wright Brothers flight. I get it. It just doesn't bother me as much as you. I see SKS as only a part of the Wave story. You seem to only want to emphasize SKS and then only his negatives and failures. Fine. They are your nails. Chew away...

I feel the need to ask, at what point will SKS be considered to have delivered sufficiently on his promises by you? What does he have to do?

Regarding nags- see the story of Seabiscuit. Won nothing his first four years, then became the best horse in the country. Good thing his owners didn't turn him into glue.


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The above is a reply to the following message:
Re: The rest of my post
By: tkc
in ALEA
Mon, 29 Aug 11 3:15 AM
Msg. 05720 of 54959

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.


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