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Tuesday, August 14, 2012 7:17:49 AM
Why isn't the market cap $60M with those sales, $40M non current assets and $15M cash on hand?
Why are they approaching a such historic lows if all is well in XATAland?
I am confident they are doing everything "legally." Just not in the best interests of the non-voting, unwashed common stockholders.
XATA management seems to believe they are "better" than the unwashed common stockholders.
Why is XATA management soooo indifferent to shareholder value?
It is because non-voting common shareholders don't matter due to the tiers of classes of Preferred voting, dividend paying shares?
So why hasn't someone acquired XATA? IMHO, the same self serving preferred voting stockholders have a de facto poison pill in place.
All because the common stockholders "don't matter."
JMO-
Your BFF,
WhisperingBomb
A fool sees not the same tree that a wise man sees-
------William Blake
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