BINGO YOU ARE ABSOLUTELY RIGHT ABOUT THIS ONE.
> ...is that decades of not giving a crap about providing quality customer service, a disgustingly inbred good 'ol boy and girl management structure, the arrogancy of monopoly, a continually shortsighted capital budgeting process, avarice and outright corruption at the system on up through corporate levels, and a few other egotistic lunacies have produced an inherently weak infrastructure in all of the major MSOs. The solution to sinking stock prices is definitely NOT in even further demoralizing, and therefore demotivating, both in-house and contract labor resources by slashing compensation. The cure for this particular corporate ailment requires taking whatever painful steps may be necessary to begin conducting their operations as adult professionals. This could very well mean that large numbers of middle and upper level managers need to be retrained or released. Since self-preservation is such a powerful human trait, this will not occur unless stockholders first become aware and then eventually demand such changes. If you want to make a difference consider joining a couple of stock investor chat groups and start telling your stories, perhaps provide them with the Cabl.com link so that they can verify this woeful situation firsthand. It might initially hurt the stock prices but if they see the light and begin to ask for heads on pikes then things can change for the better. In the event of any type of stockholder awakening and revoution the good managers will be fine and, in fact, may actually finally receive the recognition which is their rightful reward. The idiots, crooks and spineless lackies will just have to find some other rock to crawl to and hide under.
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> > You're wrong about the profits keeping the stockholders happy. Check out any MSO's stock chart over the last year and you'll find they are all in the crapper. The stockholders are definetly NOT HAPPY. The fact is they've all been spending loads on these upgrades, hoping the public will buy the advanced services that the upgrades make possible. Well, the public hasn't jumped for the product like they had hoped, and now the money is running low. You may not see it, but the MSO's are having it pretty rough, too.
Re: The real reason for sinking stock prices...
Member #: 16827
Registered: 1996-2001
Posted:
41
Name:
What ever it takes
Company:
Clark's Cable Construction INC.
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