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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 4:55pm
100 Views
Post# 5490403

RE: Quail

RE: QuailStill think he is right that in the long term the outlook is bright. However, the current share price is unacceptable and must be part of the evaluation of the present management team. Don't see anything in Art's background that makes him the only person that could rin (was going to correct the typo but not sure which is more appropriate ..run or ruin...decide for yourself) Axia and the results he has shown certainly do not lead me to beleive that there isn't someone else that could possibly do better. For the last couple years they have laid out a business plan and each quarter they more or less acheived their objectives. This last quarter is a disaster. One must question a CEO that positioned a company to be cash flow positive in Q3 (and very nearly profitable) and then reverts back to not only failing to be profitable as predicted but now is no longer even cash flow positive. The shortfall in revenue is staggering and as yet unexplained. Was Q3 a reality or an accounting aberration? Maybe some of the predicted Q4 revenue will suddenly appear in Q1, dramatically improving that financial performance and be announced just before the AGM? Series54....you mentioned the Prices. I have seen Art's brother (might be a twin) but how no idea what his position is in the company. While I am sure he is well compensated do you have any idea of his background,title and responsibilities. Thanks.
Bullboard Posts