We believe that the CEO will tighten operations execution. Business is trending in the right direction, underlying franchises are strong, and what is missing is attention to operational execution, a situation that we believe will be rectified. We think this is an attractive place to put new money.
More Quotes from Richard Chu:
In that sense, they were able to deliver more positive news, even though sales into the channel were up only 17 percent while sales out of the channel were up 36 percent. Those numbers should be equal. But with inventory at three weeks, they ought to be able to drive sales more aggressively in the channel.Richard Chu
Their market position is relatively weak. HP has the technology, cost structure. They are making life very tough for Lexmark.
Richard Chu
They can split the costs more. It makes sense to divide the cost and share the risk.
Richard Chu
There seems to be a bit of trouble in paradise.
Richard Chu
I think that should set up a very positive picture for the December quarter, subject to execution.
Richard Chu
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Based on Topics: Business & Commerce Quotes, Money & Wealth QuotesBased on Keywords: franchises, rectified, tighten, trending
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