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Re: The prevailing argument seems to be 

By: Cactus Flower in ALEA | Recommend this post (1)
Wed, 27 Jun 12 1:37 AM | 90 view(s)
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Msg. 08624 of 54959
(This msg. is a reply to 08623 by nxtflatpanel)

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Hi nxt,

I am in the change camp.

But to have change occur is a tricky business.

It isn't going to happen by brow-beating awk and snackman. I've never known awk to change his mind when he feels he has been insulted. But I have found he is susceptible to reason. Which is not to say that he will surrender his idea of the architecture. But he knows the difference between Wave's TC architecture and the Sprague family.

The lever Wave investors have is their shares. If you want to persuade awk to change his mind, you have to find a way to persuade him that Wave will pursue its TC goal more effectively by other means than via SS.

That's your task.

Can awk sway snackman? Sure.

Can snackman move his followers? Appears so.

But 2012 was a win for the status quo. Again.

The change party remains a minority. But I think its force is gathering.




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The above is a reply to the following message:
Re: The prevailing argument seems to be
By: nxtflatpanel
in ALEA
Wed, 27 Jun 12 1:29 AM
Msg. 08623 of 54959

The prevailing argument given to keep the board in place was a bogus claim that the gossip associated with removal of board members would be harmful to the company. That was clearly not true but it was all wavx management could come up with and they communicated that through their agents. The agents ran with that and gullible shareholders followed along. Now they are paying the price.

It isn't a polar thing. Imagine what financial shape the company would be in if management didn't siphon $50m+ to wavxpress? You can bet the siphon to family at scrambls is quite a few million currently. The company shows no signs of financial restraint. New management would fix that immediately.


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