Ann: Appointment of Chief Executive Officer, page-34

I cant remember the exact last time but I do recall just before Christmas posting a detailed reply to someone who was bailing and said he was fed up with AXE. I counseled him against it at the time noting that there were some good reasons to feel more confident and I listed all the possible catalysts coming up just, including the appointment of a new CEO. Well frankly I think AXE way over-promised and clearly what they eventually did re the new CEO, has predictably NOT impressed the market.

Now I suggest you stop throwing stones in your glass house. I always see you put a positive spin on whatever development or announcement is made and you regularly predicting that this day will be/might be the day, only to find that none of your predictions pan out (need I remind you that we're nowhere near 70c). Now you might be a glass half full kind of guy. That's OK but my suggestion to you is that having both kind; those who see the plusses and those who see the cons is the best state of affairs for a forum like this and discouraging it is counter productive. I still believe to this day that one of the reasons why AXE started posting more info and started being more commercially focused is because after 3 years of complacency, shareholder forums like this started demanding that AXE lift its game. I'm disappointed, as I believe many shareholders are disappointed, that AXE does not appear to have shopped for a high profile CEO with CEO credentials and experience. Its horses for courses. CEOs are CEOs and CTOs are CTOs for a reason.