RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Arht media is HIRING AGAIN LMFAO - I was hoping someone caught that Nortel reference !. Actually I dont believe it was a fraud at all. They simply bought up (and vastly overpaid) for a ton of companies whose technologies were to be the "next huge, cannot miss, without a doubt technologies" that the world would be l "running over each other to use in the future"
And what happened? It turned out other companies surpassed the tech they bought OR the technology was not needed in the next big wave as the world once thought
A few similarities dont you think? That is all I am saying. IMO Art is a grand slam home run or a Nortel (I dont think there will be an inbetween)
Nortel ended up getting getting crushed by debt, I dont think it was a fraud - just bad managment of company vision and wherer the purchased tech would fit in - and poor poor fund allocation.
I have not seen much from Art management yet , to show shareholders that they will firmly grab hold of the opportunity and state we will be number 1 in this space NO MATTER WHAT IT TAKES. IMO since I have been following the company they appear to be just "Kicking the can down the road". And in this space I dont believe that is good enough.
Have a bid in for shares hoping to be filled and that mgmt will find that one huge opportunity needed
All IMHO
FrankG wrote: I get your point and I also think COVID should have help this company, but please don't talk about finding the next Nortel. You do know it was a fraud?;)