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Message: Re: Wow
Wow
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Feb 16, 2009 07:38AM

Feb 16, 2009 07:54AM
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Feb 16, 2009 08:04AM

Re: Wow

in response to by
posted on Feb 16, 2009 08:38AM

Fair questions and thoughts. Regarding this:

"Doesn't it concern anyone that now that they finally have some $$$ they are getting rid of engineers??? It is one thing to be lean..it's another to not have any projects or ideas to develop."

I thought that the current plan was to

1. Continue with IFE

2. Market our current "improved" product outside IFE.

3. Continue to monetize our IP portfolio

4. Pursue the possibility of acquisitions / partnerships.

Seems that given the recent success and the current size/position of our company this is plenty to focus on for now. An attempt to spread ourselves too thin at this time could be detrimental and costly. If this scenario, perhaps we do not need extra engineers at this time. Given the countries economic circumstances there will be plenty of them available if and when we do need them.

Coyote

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