The Jailhouse

[HhH]

dig: You're entitled to your opinion...

mine is that John's defense of management over six plus years of squandering corporate assets is the moral equivalent of touting. The intent is the same. Convince people to buy (or buy more), dissuade people from selling. That's how you defend the stock price, isn't it?

Here you have a firm that has spent $37 million over the past five-six years on WaveXpress--a subsidiary that has gotten them essentially nothing other than a place to park Peter and Michael Sprague and pay them fat salaries and bonuses. That they still employ Dave Nadig as VP of marketing and sales after repeated years of not selling squat is evidence of exactly what this company is. (I don't think the guy even bothers to go to the freakin office anymore!)

Dig, they will never shutter WaveXpress if it means laying off family members. They will take the company under first.

Anyway, a tout is a tout is a tout. Even if he wears a tie seven days a week.