Andrea Electronics (ANDR)

[Farsis]

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ANDR&time=20&startdate=1%2F4%2F1999&enddate=12%2F14%2F2017&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=2&x=55&y=11&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=8

This chart says it all, Andrea stock is a complete flatliner with an occasional sign of life. In medical terms, a deep coma, the one which usually ends in disaster.

Doug came on board more than a decade ago and has managed to create ZERO shareholder value. Why is he still on board you might ask. Well, where else would he get a 300K salary for such poor performance ? Right, nowhere at all.

There have been two winners in this game. Doug, cashing bigtime no matter what his performance is and Fortress. The latter has my sympathy, as they at least deserve a reward. They took the risk, gambled and won (a bit). The first one though is getting rewarded way too easily. Imo, he deserves a decent pay once he manages to book good recurring revenues and NOT a day sooner.

As far as this Apple lawsuit is concerned. It is of NO importance at all. We saw way too much of these one trick ponies, HP, Acer, Lenovo etc. It only results in Doug getting a bonus NO matter what the long term outcome is .... recurring revenues is what we need !!!

I wonder why i have the impression that Doug isnt fit to do the job he's getting so well paid for.