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« powellMaybe time to leave America? »
This is a sub-selection from No Honor

Harddrive
Proud American and Infidel since 1968.
Premium Member
join:2000-09-20
Fort Worth, TX

Harddrive to beaups

Premium Member

to beaups

Re: No Honor

yes, i know that. saw that first hand when i worked for Avaya during the transition from a publicly traded company to a privately held company. Silver Lake specifically said they were buying and taking Avaya private so they could do what they wanted with the company.
with a publicly held company, the company has to satisfy thousands of shareholders so they will keep and continue buying the stock.
it just seems with a company who's symbol scrolls across the bottom of CNBC's television channel, they don't really give a damn (at least in the telecommunications world) about customers subscribers. I believe the word customer has been redefined in big business as the shareholder.

elwoodblues
Elwood Blues
Premium Member
join:2006-08-30
Somewhere in

1 recommendation

elwoodblues

Premium Member

I have to agree, with a publicly traded company there is that constant pressure to perform for "wall street".

It's maddening.. I recall Apple having one of their best quarters ever, yet the stock got punished, because it didn't meet Wall streets expectations.
« powellMaybe time to leave America? »
This is a sub-selection from No Honor