anonymous
Guest
anonymous
Guest
Fred said in a call this week he will be gone in the next 5 years. will be changes regardless.
There were companies that were bought that should not have been. There is the Hero product that continues to underperform, the Define products should not have been bought but was done anyway even when it was shown the market was too small, the embolic products while they did well with high gross margins underperformed because the sales leaders did not know how to counter the competition and refused advice from the sales reps were on the front lines and the list continues. Read the fine print in the sec filings and you will see that Fred bought technologies when the company had a cash flow problem. This continued and continued instead of concentrating on high gross margin products. At some point you have to decide where do you want to play and then focus. If it’s in the commodity type products then play there with high quality and low prices. If you want to start moving upmarket then pick a segment and go for if. There is no strategy from Fred and it appears the new board seems to not have one either.
https://www.radiologybusiness.com/t...nomics/radiology-merit-medical-sale-35b-price
whats the latest on this
Cook boys who should continue to be in charge...to pave the way for continued culture of incompetence and toxicity
Thoughts?
The untrustworthiness of the leadership, the corporate kool-aid and the unreliability of the product manufacturing will yield in a sell off to a Chinese conglomerate in the coming months. Get your resume ready everyone…
https://www.radiologybusiness.com/t...nomics/radiology-merit-medical-sale-35b-price
whats the latest on this
The untrustworthiness of the leadership, the corporate kool-aid and the unreliability of the product manufacturing will yield in a sell off to a Chinese conglomerate in the coming months. Get your resume ready everyone…
For the life of me, I cannot understand why people like you stay here (assuming you are still here) and don't push off to greener fields.
Because complaining about my 300K a year total comp when it should be 400K in all seriousness.
Side note!!!
The CCO is a finance guy and is notorious for slashing comp so be ready for it ladies and gents, boys and girls!