Replies to post #1873 on CPI Corp. (fka CPICQ)

[RSDS u308]

I think their cash flow is going to fix a lot of problems by year-end .. there are many many catalysts to the upside .. i think long-term financial arrangement and/or positive cash flow would send this past $3 pretty quickly ..

[downsideup]

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...