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downsideup

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downsideup

Re: naturalborninvestor post# 1873

Sunday, 02/26/2012 10:57:35 PM

Sunday, February 26, 2012 10:57:35 PM

Post# of 7437
Any idea how the current situation and the change in CEO relates to the prior issues in the fight for control that broke out the last time CPI tanked ?

http://www.bizjournals.com/stlouis/news/2012/02/09/cataldo-steps-down-at-cpi-james-abel.html?ana=yfcpc

Looks like Meyer still owns a bit over 3% and the other guys who were in the fight back then are just gone, now... but, the cost is apparent, now, in having the control group winning the fight, sticking the company with a useless CEO, and trashing the company in the process ?

The new guy seems to have the background needed to right the ship...

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