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Re: oneragman post# 431001

Wednesday, 11/27/2024 1:30:15 PM

Wednesday, November 27, 2024 1:30:15 PM

Post# of 447953
One, I don't think we should start with the assumption that the company is for sale. The company needs to be profitable. If management was preparing the company for a near term sale, they wouldn't be building a European sales structure. I also doubt they would be entering into this many partnerships. What I see is a company trying to become profitable. Once that happens the share buyback makes sense. Sales in Europe are improving. It isn't fast, but margins are good. You can't effectively negotiate from a position of weakness. We have had two separate management teams that have both apparently decided that this course will be successful. I agree with them.
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