Ann: Board and Senior Management Changes, page-11

Personally I think that role was a smokescreen. How can you have a non-executive part-timer driving mergers and acquisitions that need the CEO to approve and run? That was - my personal opinion - to keep the faithful like me in those days happy.

I think he does have a background in accounting but my view of him was more operational than Investment banking. He could see how to motivate a management team and get finance to provide them with meaningful information to do the job better. He could also develop the right targets as well.

Personally I never understood why they brought in AJ. I didn't see the fit working.

I do think they made mistakes (MS Included) having a development software company Midas made no sense to a roll-up as it was not going to add to the bottom line in the short to medium term

I think that there is a lot that a fly on the wall could tell us but we will probably never know. I will only consider re-investing when I see how much damage has been done. I also don't think that MS being a Non-Executive Director will have that much say if there is a new CEO from within.

This is a wait and see situation for me.