This company
Has valuable patents and many of them. Even detractors of management, and newcomers, acknowledge it.
Most detractors would allow that this company has subsisted, survived, without incurring the debt that leads other like companies into a death spiral—and those graves are unmarked! Mark that.
Its principals could have sold out years ago as millionaires many times over. Even detractors know that is so, at least it was so many years ago even at $5 a share. But they persisted.
This company has protected, and improved its patents, to retain their value. Nothing has been lost.
It has moved its operations from a living room coffee table to a manufacturing facility while surviving a typhoon of not-invented-here, and we-can-wait-you-out, adversaries with colossal clout.
It has continued to attract people in business, and even academia, who, for heavens sake—have NO interest, monetary or otherwise, in associating themselves with failure.
It has seriously interested parties like the USAF. If this company was in decline…after all these years… (so many, I know), would it have the attention of ANYONE, anyone at all? Would it not be shop worn? Seen that? But it is not.
It has survived; it still possesses all its intrinsic value. And when that is finally realized…
You will thank Jim Gleasman, under your breath I expect, or I hope aloud…that we still have all the things that just got sold.
And you will thank Keith, and a lot of others. Or, curse them, because you were short, and bet wrong.
Blue heron
