Some ThoughtsIf you want to today you should be able to increase the precentage of shares you own for less than the price of the offering and get an even better deal.
I am not happy about the stock price either! I have been hurt badly by the price of the stock, too. :-( But I don't know what the company can or should do differently. All stocks have taken a hit recently even blue chippers. (I know I know don't tell me about market conditions I don't care.) But it is a fact and junior companies move more than senior companies up and down. That is probably why most of us bought some of this company. I wasn't expecting as long a downturn as this. Although i mentioned on another thread Last spring that Greenspan would keep raising rates until his policies take effect.I guess I was thinking that he would have relented sooner.
In a different enviroment the lawsuit would have been seen as a positive. Anyone who did any investigation knew that it would probably need to happen. In a bear market it was seen as a negative. But what else could be done. Not attempt to defend their patents. I think not.
4G no other company has had to downscale their operations this year? I don't think anyone thought the downturn would be this steep. So at the time 4G thought they had all their ducks in a row. Should they not of said anything. If they didn't and it turned out different people would be complaining about withholding information.
2.4 GHz they thought (supposedly) that the ruling would be changed on appeal. If it was then people would have paniced early and got burned on the appeal. Only know in hind sight that it wouldn't happen. Cisco apparently agrees with us that OFDM should be allowed in this band width so the senario isn't that outrageous.
Earnings warning. What company hasn't (I know some, but alot). They came out fairly early with theirs and were dumped on by investors. Fair enough not meeting the expectations everyone was expecting you downgrade your own expectations. The warning while lower than hoped still showed growth that many companies would envy. The fact that it was released as an unaudited number seemed to cause people grief. I feel that it gave retail investors the same insight that institutional investors have had all along.
So to end my ramblings although in hindsight Wi-lan may have done some things differently I don't think they have been that outrageous. I believe that going forward the company will do very well. The problem for me now is, I have been told that you don't play with money you can't afford to lose (not that I have been playing) and I have lost most of what I can afford. So while I believe Wi-lan will do very well no one knows for sure.
:-) :-(
Steve