The fact that there are other businesses successfully operating in the areas of GTE's focus does challenge GTE's stated model of independent divisional growth until such time as all the parts become integrated.
My point may have been better stated more along the lines of even if these divisions were operating more successfully, then all that money would and should be plowed back into R and D and toward developing the higher levels of middle management needed to knit the pieces together into the big picture that is envisioned. This mode would not result in the significant rise in pps that we all wish for someday. Improvement is undeniably required for survival; these are the details you refer to and I agree. Developing the 'you want that, we got that' paradigm is precisely the essential point. It just seems like many here, and I sometimes slip into it myself, have a set of expectations focused on pps that are out of phase with who and where the company is today.
Do I want a higher share price? Of course I do. Do I feel it is owed to me each and every day between now and when the company flourishes? Keep dreaming; but that's the basis on which nay sayers and others keep posting, as though there shall be no rough sledding of the kind that we are now having. Also as though there was never the chance that this company could go under. Obviously many who do not wish to take that chance have already picked up stakes and left the table. Maybe it is only the irrational ones who are left here, maybe not. The existence of shorting greatly complicates the matter, but that is just the way it is and it is not going away. Sometimes I think that start-ups should be entitled to a moratorium on shorting until they reach a certain age, but that is just not practical. That's when I think that if a company can't beat 'em, they oughta join 'em.
The very real issues that exist here have caused everyone hoping for success great concern. We are all keenly monitoring the progress of each and every problem that we are able to understand, as well as those that we can't, which is all good.
The bad apple issue seems like one of several red herrings being promoted because frankly, imo AMEX got duped (willingly or not) into delisting GTE. They probably have to do it anyway, to save face, but I believe that if they do they may very likely live to regret it one fine day. That day could be happening at Edwards as we speak.
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