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AXIA NETMEDIA J T.AXX

"Axia Netmedia Corp owns, operates and sells services over fibre optic communications networks. Its reportable segments are The Covage segment and The North American segment."


TSX:AXX - Post by User

Bullboard Posts
Comment by donmc70on Oct 07, 2002 8:14am
110 Views
Post# 5488923

RE: 10 Million From Cisco!!!! NEWS!!!!!!!!

RE: 10 Million From Cisco!!!! NEWS!!!!!!!!Difficult to say that new management would be bad until they are a known quantity. Obviously it would be bad for Art and the boys but they would only be out if they didn't have the confidence of the shareholders. It is quite possible that others could run the company as well or better, be more responsive communicating to the owners(shareholders), increase shareholder value and operate and grow a company capable of attracting institutional as well as individual investment. That fact that the possibility of them losing control of the company is even mentioned says volumes. Personally I purchased shares for profit not for years of potential and for the benifit of myself, not the chosen few. If this management ever made the investor money, they would certainly not have to worry about support. And if they can't make me money, their departure couldn't make things any worse.
Bullboard Posts