Regarding the fast growing cash position of the company, and the already
growing chorus of investors suggesting what they should quickly do with the
money, I am very comfortable in the knowledge that this management team
is not going to rush. The action, when it comes, will be slow and well thought out.
First of all, they already have quite a few pokers in the fire that are going to require
a great deal of their attention, i.e. Calix, Posco, and moving production up to 1 million
tons. Growth for the sake of growth is not always the best move. Things start falling through
cracks in the floor that might otherwise have been identified. As with Altura, they will strike when
the right opportunity presents itself. For years and years the big complaint about Apple was
how large their cash position was.
Regarding the fast growing cash position of the company, and the...
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$2.86 |
Change
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Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
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| 31 | 163532 | $2.86 |
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| $2.87 | 44591 | 3 |
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