Bowhunter -

I think that you analysis of the situation is correct.  It's easy for us to sit on the sidelines and give advice.  But, we are not he ones who are in charge at MEO.  We do own pieces io the business (shares) but we also have a management team that makes the decisions and does the work.

Would you go your car mechanic, ask for some service and then tell him how to complete the job?  At some point we all have to trust the people providing the service (whether its having car repairs, getting a haircut, or running a business we invest in).  If we don't trust them we should vote with our feet.

I have been in the company for 18 months and they are in the best shape they have ever been.  The market will realize it soon.  I plan on sticking around and trusting the people that run the company to do there job.

- Panamax