Saturday, September 04, 2004 7:45:54 PM
Ok, from "Peter", MSVN worked around the iPod thing while we went and played nice with Apple, therefore supposedly not angering them and it is expected that that may play in our favor later (or not). Also he says that BMG has been pressuring Apple to go with Secure-Burn on the iTunes site... of course this was suggested it was going to happen nearly 6 months ago as well as filing, audit, Qtig distribution, EMI, Universal, etc etc etc.
>> I welcome criticism of all kind as long as it is constructive
in naturein which case it benefit us through feelings and understanding and can help in creating proper discourse with management into what we as shareholders expect!<<
Well, these are the "tough" questions that management is ignoring, so good luck having any "discourse" with them on this when Peter fires back with "if you don't like it then sell your shares"
I think my criticism is constructive because I am questioning the credability of management, which after all is our ONLY source of information. This is much like being a Soviet citizen in the 60's and reading Pravda.
I'm not exactly sure where to go from here because once you begin with the tenet that management is not to be trusted/believed it's hard to do anything besides guess as to the future.
I know this for certain... no company ever enjoyed success on Wall Street until it conformed with minimal, normal corporate governance expectations. And once Wall Street stopped trusting management (ala Enron) no amout of news is able to lift the shares... is it possible a few of the "big" supporters of the stock have also soured on management??
I feel like I'm beating a dead horse, but perhaps this line of logic is at least arming a few here with another viewpoint that will allow them to make good decisions.
As to speaking to management, I see no point in doing so when I no longer believe anything they tell me.
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