Coats said that they don't have to have anymore cash to buy whatever they want. Then, in the next presentation he did, Coats said they wouldn't have to go after any "meaningful amount of cash". He can't make up his mind what he wants to do.
When companies do acquisitions, it usually takes at least a year to integrate the acquisition, decide which employees to lay off, pay off the old management, and get things back to normal and working right. That kind of screws up the balance sheets for at least a year, and enough is enough. I definitely agree, Coats and his crew have done enough damage. Sell the company ASAP and get better management in there before these guys do anymore damage.
stockdoc
News 
Market Data 
Discover 
