Stingray,
A few comments on recent events, though I believe your posts have already covered most of the fundamental issues.
The initiation of the Sony-BMG lawsuit was, IMO, unpredictable; as a matter of fact, no one on this IHub board had predicted a move like that at any time. I have read quite a number of conjectures here about possible reasons for Sony-AMG belligerence, which has no apparent legal (let alone ethical) justification or logic behind it. As far as I can see, the chances of that move bringing any benefit to that company are exceedingly slim; if that is right, it makes it look more like a gesture to touch up an image battered by the Sony-backed mistakes of First4Internet, which must still rankle. In the last resort, it may turn out to be classifiable as an ill-judged publicity stunt, ultimately to make Sony-BMG look more like a protagonist, or get some of the egg still encrusting their faces rubbed off. As the policy of SunnComm and MediaMax had always, openly, been that of meeting Sony-BMG's specifications and requirements in new products, I personally see attempts to project and redirect blame that belongs with First4Internet and with Sony onto SCMI and MMXT (companies that are, de facto, the victims of collateral damage) as being untenable, besides being not a little squalid. That the unique attention dedicated by SunnComm to meeting each and every request made by BMG-Sony in honing design details to achieve an ideal product in their eyes should have turned out to leave them scope for this spiteful gesture carries deep ironies
Having said that, Sony-BMG's move has clearly posed an urgent problem to AMNG -- in terms of the company's legal stance and its need to implement strategies of self-defence. Given all the merits of the current business plan, which by whatever means deserve to be safeguarded or, at least, glass-walled, shareholders just have wait and see what AMNG's response will be. (To clarify my own position, I feel proud to state that my own holding has not budged by a single unit since the announcement of the lawsuit. I don't have the dry powder to increase it right now.)
As to a direct question put to me on this board (but which I cannot find today), without the question of the lawsuit, and the need to locate that on the front burner, my confidence in the "July prediction" would have remained intact and undented. Now the situation, force majeure, has become more open-ended and this has to be recognised with open eyes.
On a more subjective plane, I feel full confidence that the innovative thrust and resourcefulness shown by management in refocusing this company and creating the Amergence Group continues to be fully operative in the present situation. I also feel sure that management will remain mindful of the upside of reaching a quick decision and formulating new lines of action.
We should all remember that some teams play best when they are under pressure.
alj14
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