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Re: None

Tuesday, 11/06/2007 2:19:57 PM

Tuesday, November 06, 2007 2:19:57 PM

Post# of 62953
I do believe that we finally have some good news trickling though -- but considering I believe there are "insiders" reading this board I will say this. This company cannot rest on its laurels and continue to do "business as usual". For this company to become legitimate they must continue to innovate one step ahead of the curve, get involved in defense and government contracts, and expand beyond their current offerings; diversification. I would hate to see something happen like happened with portal player after apple dropped them from the supplier list for iPods... can't rely on MS to be around for ever. In any case, i think there are so many opportunities to be working closely with companies like Applied Perception and even iRobot; they need to reestablish themselves as a leader in the "Roboburgh". The tarnish from the corporate holding company has taken some of the luster away from coroware, and there needs to be some action to restore it. One thing that also bothers me about this company is that the people listed as the executives for coroware are all technical guys... it seems like everyone but Gartlan is a techie; which is great, but where is the business saavy? Look at all of the great companies of the 21st century in computing; Apple, Microsoft, Google, etc.. With Apple and MS, there was a business guy (Jobs and Gates), and a technical guy (Wozniak and Allen/Gates)... In the case of Google, they were smart enough to know that they didn't know enough about business to be truly successful, so they hired Eric Schmidt. Thats what this company needs to do -- let the innovation come from the technical people, and let some business/finance folks do the management. I think you will quickly find a lot of ways to cut costs, increase revenues, and take time that is being spent by executives and put them back doing what they do best; innovating. I have a hard time wrapping my head around any company with the kind of potential coroware has, that they would be worried about going under for a mere $15m dollars from a terrible investment partner like Cornell... Clearly they haven't been able to sell themselves well enough, or their work isn't that great because in business $15m is chump change. I hate to say they need some serious financial consulting, but it couldn't hurt. give me a call if i can help.. haha. ok, there is my 2 cents... anyone care to respond?
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