Re: If incompetence were a crime, Hoffman would be in jail. in http://www.dslreports.com/forum/r19347129 en Thu, 04 Dec 2008 13:40:14 EDT Thu, 04 Dec 2008 13:40:14 EDT Re: If incompetence were a crime, Hoffman would be in jail. http://www.dslreports.com/forum/remark,19347129 anon : Amen brother. I worked at Covad from 2000-2004 and the incompetence of the mgmt team and board is borderline criminal. The fact that Hoffman is likely to make out with $2-$5 million from equity and incentives for driving a company into the ground just steams me. He should have been fired years ago yet here he sits. ]]> http://www.dslreports.com/forum/remark,19347129 Mon, 29 Oct 2007 21:01:17 EDT Re: If incompetence were a crime, Hoffman would be in jail. http://www.dslreports.com/forum/remark,19346667 burgermeister : Regardless, the stock holders get screwed (big time) and I'm sure Covad management will come out smelling like a rose.

Back when Covad stock was over 2.00, Hoffman said there was no way they were going to sell at those prices and than he goes ahead and sells for less than half that. LOL, I guess he didn't sell at those prices. ;)
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"I've learned that depression is merely anger without enthusiasm." ]]> http://www.dslreports.com/forum/remark,19346667 Mon, 29 Oct 2007 19:33:44 EDT Re: If incompetence were a crime, Hoffman would be in jail. http://www.dslreports.com/forum/remark,19345561 calvoiper : My point was that Covad has maintained (and, with its new owners, continues to maintain) its independence, unlike, say, NorthPoint, which fell into the ATT maw years ago....

calvoiper
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VoIP--the death knell of remaining voice monopolies!]]> http://www.dslreports.com/forum/remark,19345561 Mon, 29 Oct 2007 16:24:16 EDT Re: If incompetence were a crime, Hoffman would be in jail. http://www.dslreports.com/forum/remark,19345443 sporkme :
said by calvoiper See Profile :

Maybe you think Hoffman is incompetent, but originally there were three companies that jumped into DSL in a big way: Covad, Rhythms, and NorthPoint. Only Covad survives. The others went the bankruptcy/acquisition route.
Covad did go bankrupt. They got rid of their debt, yet still manage to bleed money every quarter... Terrible managment + ILEC scheming. ]]> http://www.dslreports.com/forum/remark,19345443 Mon, 29 Oct 2007 15:57:38 EDT Re: If incompetence were a crime, Hoffman would be in jail. http://www.dslreports.com/forum/remark,19344952 calvoiper : Maybe you think Hoffman is incompetent, but originally there were three companies that jumped into DSL in a big way: Covad, Rhythms, and NorthPoint. Only Covad survives. The others went the bankruptcy/acquisition route.

calvoiper
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VoIP--the death knell of remaining voice monopolies!]]> http://www.dslreports.com/forum/remark,19344952 Mon, 29 Oct 2007 14:26:28 EDT If incompetence were a crime, Hoffman would be in jail. http://www.dslreports.com/forum/remark,19343466 burgermeister : Instead he probably made a good deal of money off this buyout.]]> http://www.dslreports.com/forum/remark,19343466 Mon, 29 Oct 2007 09:59:51 EDT