Tuesday, December 08, 2015 11:43:55 AM
The company doesn't get itself wound up in issues such as that, and the 8k is out. What is required is clarification. And how the company couldn't anticipate that the market would need more clarity is beyond me. How the company doesn't PR this is beyond me. How the company would wait if indeed this result is below the market's expectations to just remind the market of how far below it was a few days later is beyond me.
If indeed, it is only $21 million it just goes to show how much of a coward perlman is by hiding. Rule number one of bad news, get out in front of it, get it over with and move on, don't let it drag out. Clearly, relative to market expectations, this was bad news. Its not 'bad' like we got zero but vs what the market expected, and the price behavior tells us all what the market thinks right?
If there is no license revenue here (that is substantial), I stand by my view that a retarded 4 yr old could manage this company better than Perlman - but hell what does he care, his pockets are lined with our money right?
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