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Re: turnitaround post# 5404

Tuesday, 03/08/2011 2:09:10 PM

Tuesday, March 08, 2011 2:09:10 PM

Post# of 8575
I think part of the plan seems to be acquiring more businesses and increasing revenues. That I am in accordance with. What I think is a mistake is carrying such a high float when trying to rebuild market share and respectability .


Companies who run traditionally run higher outstanding share counts do it because their revenue merits the higher market cap.



I don't really think we are in the position to be running an OS count this high unless it is to prevent a hostile takeover.

BTW, I don't see a R/s being anything but negative for this company after years of shareholder futility and cellar boxing.

I think it would be more fair to the shareholders to reduce the float and bring the stock price up to a respectable level. I strongly hope that is the plan.



Longer term share holders deserve at least an operable OS at or near the level when they purchased the stock!

What was that around? 3.7 Billion or something?
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