|CTEI/NEIK....Sean and Catfish..thanks to you both for your thoughts and input. I never spoke to Wilson, but I did speak to Howard Nash once - the head of Northstar Networks (the subsidiary that was just acquired). Ultimately he over promised and under delivered as well.. His unsolicited promises - one's that he should probably not have made privately - took 12-18 months to deliver, not a couple as he told me. I believe I posted this drop of the ballseveral years ago on this Board. All in all that flub was the first flag for me, and I was wary going forward - as that was also the time that Wilson was touting 30-40 million in revenue as a target. Unfortunately, I didn't follow my instincts when those projections were not realized. Based on these past mistakes, I have adjusted my views and investment strategy accordingly.|
Regarding CTEI.. I am glad that your takeaway was different with Saagar. I will call him when I get a chance to ascertain my own impression. Like I said, I am simply more gun shy than ever now - having been burned pretty significantly. I agree with your comments that it's always a work in progress with these guys but some guys are the real deal. That said, I am just trying to be more proactive these days - if I sense some problem that may derail my original beliefs in the company I own.
Thanks again - your input was helpful.