looking back at the report, every word is f—ing true. PM is such a dishonest piece of sh–e trying to discredit the report.
So if report was accurate, will Vector Capital group be the buyer of Aternity?
27 replies (most recent on top)
Perhaps they can trick the employees into buying some more class A or a new class C
He did say some lenders are "excited."
PM didn’t dispute or deny the article. He simply “corrected” it. The response just made it more speculative. Should have just let it be.
Google what corporate debt restructuring means. Essentially, sorry we can’t pay back what we promised. Let’s rewrite the terms.
Yes! Anyone notice that Ci$co is doing quite well right now? almost as if they made the right moves 5 years ago in keeping their star leaders who know how to adapt to a changing world (like their current CEO) and let all their B and C leaders still living in the 90s go work for potential competitors
Needless to say, the ex-Cisco “leadership” regime would’ve all gotten laid off if it weren’t for Riverbed. All these gas bags are doing is repeating what they did at Cisco while Hiding and evading with their fancy titles - this also applies to our (ultra) legacy SC folks too. They all know who they are but would rather chew off their own foot before admitting it.
Riverbed is made up of the worst parts of England and the US all rolled up into a pizza wrapped, double dipped, deep fried cheese and (British) chips burrito with a dusting of orange.
#RIVERBEDBREXIT in full effect
SKO being held 2 weeks before Q2 and H1 end; if further proof was needed the business is run by id--ts
3 weeks left; 1 week sko; cmon guys let’s do the best we can this qtr. push it above the 90% mark. Need cash; will work.
Just a bad day perhaps
Yeah I noticed the fire we used to see in him is gone. Makes me wonder if he's given up and is now waiting for a golden parachute.
Weren't folks in fusion previously intimated that they gotta stay on till July? Meaning fusion was going into maintenance mode past July?
Such a feeble response from PM..clearly he didn't expect his secret conversations being outed.. now for AE and his buddy JR to pony up some invigorating statements at SKO. No fire here boys let's light up the cigars in Vegas..
Hence, the current effort to re-brand and re-position for other potential buyer(s)
A birdie was mentioning that they were trying to flog wanop to broadcomm early this year but failed..
Sell to who?
Couple things of concern.
Credit rating g B3 high risk of default. Refi of any debt without dissolution and secure capital, is not likely.
Someone noted 65 dollar bond, it's under 70 cents, not dollars.
Sell off sdwan, fusion, xirrus focus on core visibility and acceleration of saas/cloud.
Market is too crowded in sdwan, fusion market is small and wifi is mature and limited.
well he didn't really dispute the numbers. If a financial publication published false numbers based on mere "speculation" then the company should demand a retraction or sue.
Well he can't say the company is going bankrupt. Why not send out financial statements for full transparency ? The unsecured bond yield graph from Bloomberg article is for real. Trading at $65 .. I would believe Bloomberg article than thin-air emails.
PM's response to the article doesn't inspire confidence
"The company still have 2B debt to pay off"
Someone posted this 3 months ago. I am impressed.
Contract with aria was booked long in advance. Won’t surprise me if this is the last one.
Aren't they being paid 9% on that debt? hence no funds for things like R&D
It’s more like mayonnaise sandwiches
I guess we’ll be eating hot dogs and beans at SKO
Ha.. And we still have SKO !!
Still $2b in debt? I remember in 2015 they disclosed they had $2.1b in debt with $1.5b equity off of a $3.6b purchase. So after 4 years they've barely paid the debt down??? I'm not a professional finance guy but his sure doesn't look good.
wow, better get my money out asap. thank you for sharing!