GREY:AZDDQ - Post by User
Post by
BronxParkon Mar 21, 2007 7:26pm
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Post# 12463714
Q results just out - Very "LAME GUIDANCE"
Q results just out - Very "LAME GUIDANCE"I can't belive I actually backed this company for the last week and a half.
Corporate
In the execution of its business development strategy, the Company has
been actively seeking a strategic industry partner. The process has turned up
several options, but management and the board have not felt that any of the
options to date provide the Company or its shareholders significant value over
its current plan. Evaluation of these and other alternatives to maximize both
value and resources is ongoing. Azure's strategic committee is continuing to
engage in discussions with various parties as well as consider other ways to
achieve value creation.
What is Managment Talking about....have they not looked at the share price lately...what are they saying they could not see anything to bring Value to the table...anything over $0.365 is Value.
Guidance here is atroucious.
I am stepping off here. Can't win them all as they say. AZD with 200 million Shares O/S is heading down further IMO. Management is ISOLATED in spite of what is happening in and around the Industry as of late. What a shame.