Thursday, January 27, 2005 4:13:04 AM
If Fayiz is a man of his word and is as nuts as he seems to be, then one day we could see the O/S be reduced by over 1 bil shares. He said 500 million, but I have a feeling that it will be at least double that number.
I think Fayiz's main flaw is that he expects things to happen too soon and is a little off in his predictions for the company. He stated about a buyback, acquisitions and SEC filings. I don't think he's lying, just unrealistic on when he thinks that all these things will take place. I've worked for plenty of bosses like that who want something to happen right away without taking into consideration all the things that must be in order before it could happen.
We will be fine. What are the chances of this stock actually going over a dollar this year? Probably slim and none but I do think that someday we will see that kind of PPS.
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