1 Response to "Get This Tech Veteran’s Stock at a Discount"
John
March 17, 2015
Company probably has trouble shaking stigma of past egregious behavior of key executives (excessive stock option compensation, insider trading and illegally pulling revenue forward) that ended up decimating shareholders. Made sweeping management changes starting about a decade ago…continues to purge its previous acquisition binges and has brought down debt to a targeted range. Transitioned itself into a slow and steady supplier of solutions to new markets, as well as a continued supplier to legacy systems. Certainly a far cry from the executive piggy bank, casino circus and fraud-hole it was 15-20 years ago. Amazing to see how a company can recover operationally when its management is wrested from the “good-fellas” and placed in adult supervision. Thanks for the review.
1 Response to "Get This Tech Veteran’s Stock at a Discount"
Company probably has trouble shaking stigma of past egregious behavior of key executives (excessive stock option compensation, insider trading and illegally pulling revenue forward) that ended up decimating shareholders. Made sweeping management changes starting about a decade ago…continues to purge its previous acquisition binges and has brought down debt to a targeted range. Transitioned itself into a slow and steady supplier of solutions to new markets, as well as a continued supplier to legacy systems. Certainly a far cry from the executive piggy bank, casino circus and fraud-hole it was 15-20 years ago. Amazing to see how a company can recover operationally when its management is wrested from the “good-fellas” and placed in adult supervision. Thanks for the review.