Hey... I'd like to be wrong believe me!! I think steh is frustrated with management and sadly thats the camp I'm in now as well. This wasn't always the case and there were some things in the oven that changed and as part of the process changed my view. You know how you tend to grant someone credability and trust without having really earned it?? Well the flip side is that once that trust is violated (un-met repeated promises etc) you begin to see everything as bullshit. I think the truth is somewhere in th emiddle... management clearly wants to win and just as clearly is working really hard to try and make that happen and in at least some areas I believe we are enjoying tremendous success from those efforts... it just comes down to the whole airplane metaphor... you need both the engines AND the wings to fly.
We have the engines (revenues from labels) but we still need the wings, solid corporate structure and governance. It's frustrating that they don't get that and, at least for me, is the reason I no longer expect a homerun here. My basis is around .10 cents so I still expect to turn a profit here but at one point not long ago, I still imagined/believed we could be $1+ going forward.
The MVSN pr's are not just fluff and to expect them to stand still and not make progress is silly. I do however think these pr's are part of an overall effort by MVSN to try and delay the other labels from committing to MediaMax by holding out the promise of something "better" even if at this point it sounds as if it is purely FUD.
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