Sage News and Discussion

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  • 1.  RE: Seemed upbeat and positive considering it was Denn

    Posted 08-03-2012 11:21
    Seemed upbeat and positive considering it was Dennis writing it. One thing that he paints accurately is that management at all public firms - Sage and others - spend too much time catering to investors and not enough time catering to customers. It's a stupid way to run a business.


  • 2.  RE: RE: Seemed upbeat and positive considering it was Denn

    Posted 08-03-2012 11:25
    If the purpose of a company is ""to make customers"" then it is stupid. But in today's market, if your stock price isn't close to $1k, the trolls are looking for any reason to short your stock, cutting the price substantially, and nearly guaranteeing a take over. Until rules on stock exchanges change, behavior like Sage's will continue from its own internal logic.