RE:RE:Mark Thompson leavingThis is far from a normal situation. I don't pretend to know where Q3 earnings will land. I hope the Board learned their lesson from last quarter and will restate guidance if they become aware of a material miss. That said, i don't think they will beat guidance. There were too many expenses incurred as part of the strategic review last quarter. I hope I'm wrong, but a good Q3 for me at this stage would be one where their cash position stays about the same or improves marginally. The company now has a very long runway to turn things around and we are still in the first stage of a recovery.
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No one leaves BEFORE good earnings. New CEO will kitchen sink the quarter and blame it on Thompson. Hang on.
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