 HarddriveProud American and Infidel since 1968.Premium
join:2000-09-20
Phone Room
kudos:2 | reply 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.
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"Linux is only free if your time has no value" - Jamie Zawinski |
 elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand
 ·Cybersurf Intern..
| 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.
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Jake: "Four fried chickens, and a coke" Elwood: "And some dry white toast, please" |
