Looking at recent earnings. All the money we made is either going into dividends or buying back stock to artificially pump the stock by GM and his buddies , instead of reinvesting that money into R&D, Quality, trials etc. while shipping jobs to India and Mexico
This tried and tested formula has a history of never working long term , just ask Intel and Boeing. If we don’t spend money on innovating or improving quality, someone else will innovate and come along to eat our business.
It’s proven by now that Wall Street has no confidence in Excom and Geoff. He has tried and failed miserably ever since he has taken over as CEO.
All our competitors grow and earn 10-15% every year, while we are barely limping at 5%. Bod needs to wake up for real.