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Re: WAVX DD Post deletions

By: loosechange in ALEA | Recommend this post (0)
Sat, 10 Nov 12 9:05 AM | 100 view(s)
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Msg. 11624 of 54959
(This msg. is a reply to 11623 by Cactus Flower)

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I think WAVX is beyond salvage on their own. It is the Sprague's plaything and always will be. Neither "board" will change that because they are all fleecing it and doing quite well. Even if a qualified COO came in they couldn't wash away the stench. Their shoddy reputation precedes them. WAVX needs to be fully assimilated and eviscerated (think steam and bleach) by another firm. The price will be a pittance.




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The above is a reply to the following message:
Re: WAVX DD Post deletions
By: Cactus Flower
in ALEA
Sat, 10 Nov 12 7:09 AM
Msg. 11623 of 54959

you're further down the road than i am.

i think the harbour is a disgrace. i think there just isn't so much demand for wave's product out there. but it appears to be a perfectly legitimate product all the same. i think certain things might be done to improve wave's chances - in particular replacing the folks at the top and refinancing the business.

there's the core of a potentially very interesting business. it's just hidden beneath the detritus.

i love the folks who lean on the fact ss works hard. that really is an important quality. but if the guy tells porkies in the unsafe harbour, he's not showing a proper duty of care to shareholders. if he is unrealistic, he will take bad decisions. for myself, i think he has to go. but no doubt the loyalists will regroup in a day or two and corral the weaklings and sense will flee, as it always does. because technology is all that matters.


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