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Saturday, January 20, 2007 10:10:56 AM
28 years ago, there was nowhere near the level of litigation or for that fact laws and regulations that now have made the need for a transportation company to protect itself and also take every precaution possible, to protect its passengers.
IMO, Mr. W was simply farsighted regarding his recognition of the fact that with improved technology and increased legislation, there would also come an increased responsibility for bus operators and manufactures to make buses as safe as possible, first for the passengers and second to protect operators from lawsuits.
He seems to have kept his eye on the ball with this regard but it appears his concerns about "investor perception" have slipped a few notches on the priority list.
IMO, is possibly due to the fact that Mr. W is experiencing less financial pressure as the product begins to sell.
He might also think that if we (investors) don't get it by now, then we either are day traders or flippers who could care less about long term possibilities.
If this is the case, then he might be wondering why he should shift his focus from building and seeing through a business dream and vision, which he has worked hard and long to achieve, simply to make "traders" and MM's more money.
JMHO,
Nez
Any society that would give up a little liberty to gain a little security will deserve neither and lose both.
Benjamin Franklin
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