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Re: tkc

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 11 May 12 8:41 AM | 64 view(s)
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Msg. 07787 of 54959
(This msg. is a reply to 07785 by awk)

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Hi awk,

I think we all see the opportunity to one degree or another.

It's the inability to forecast the timeline and the demand which are the keys to nearly all of the problems.

The same folks who you rely upon for your 3 month timeline are the folks who have horribly screwed up their forecasting for the last year to such an extent that getting 3 months of life for Wave is actually a doubt. The same folks who said $60m a month or so ago and $50m a week or so ago. They seem clueless.

At the same time, they are accepting performance bonuses, increasing family remuneration, and substantially raising board compensation. Snackman recently reported a conversation he had with the CEO which appears to have been highly misleading.

I admire your will and your focus. I can't defend the last year from any perspective except vision.

For me, that is no longer enough to justify supporting the CEO as the person responsible for imagining and executing an operating plan.

Unfortunately, it is probably too late to do much of anything. The edge of the cliff is here. If there are no feathers to be had, our goose is cooked.


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The above is a reply to the following message:
tkc
By: awk
in ALEA
Fri, 11 May 12 6:49 AM
Msg. 07785 of 54959

The lack of logic is astounding. Now you accuse me of misleading shareholders? That IS a good one indeed.

In order to understand what is going on here in this space one simply has to have a bit of logic in the gray matter.

Yes, the numbers stunk! Indeed they did. But that was 6 weeks ago. The market is finally forming and future results will be quite a bit better.

It is not an art to report on past facts. The art is to see the future opportunity... like Steven and his team indeed do.

That you apparently need your invested money now is unfortunate... but it's not Wave's doing. It's the risk you took, And, at this very moment you have lost. But that maybe different in 3 months...


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