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uscpuke
Wofford Fan
Member since Jan 2004
2090 posts

Initech - Buy or Sell?

I am torn on this one. I do see strong value on their balance sheets and more specifically the TPS reports. I also like their commitment to running lean as evidenced by the hiring of two efficiency experts.

The reason for my hesitation is that I have seen evidence of software vulnerabilies. I think there is potential for a virus to rip them off big time.

Thoughts?


Golfer
LSU Fan
Member since Nov 2005
60116 posts
Online

re: Initech - Buy or Sell?
Major HR and staffing issues. I'd stay away as this company is a fire waiting to happen...


LaBornNRaised
LSU Fan
The Datty's are Fixed!
Member since Feb 2011
10398 posts

re: Initech - Buy or Sell?
quote:

Thoughts


Have you seen my stapler?


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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Initech - Buy or Sell?
quote:

I also like their commitment to running lean as evidenced by the hiring of two efficiency experts.


Yea, and they really do have some upper management potential talent in the labor pool as well.

If they can get rid of Lumburgh then I think they could really make up some ground on Initrode.


Janky
LSU Fan
Team Primo
Member since Jun 2011
11172 posts

re: Initech - Buy or Sell?
fricking TPS reports.


rsande2
LSU Fan
Member since Jan 2006
3423 posts

re: Initech - Buy or Sell?
Neither, You should invest in that guy with the "jump to conclusions" mat......


Crbello4Hiceman
LSU Fan
Lurking
Member since May 2011
499 posts

re: Initech - Buy or Sell?
Yep, the are modeling their business in the traditional "pet rock" methodology. The guy made a million dollars!


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uscpuke
Wofford Fan
Member since Jan 2004
2090 posts

re: Initech - Buy or Sell?
quote:

Major HR and staffing issues. I'd stay away as this company is a fire waiting to happen...


Good observation. This could shift market share to Initrode.


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uscpuke
Wofford Fan
Member since Jan 2004
2090 posts

re: Initech - Buy or Sell?
quote:

If they can get rid of Lumburgh then I think they could really make up some ground on Initrode.


I am not sure Lumburgh is the issue. He is not afraid to ask his employees to work weekends if the market dictates. He also leads by example, going in on weekends himself and calling them incessantly if they no show.


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Displaced
LSU Fan
Member since Dec 2011
17775 posts

re: Initech - Buy or Sell?
SELL!!!


Y2K is a Hoax rendering Initech effectively obsolete.


foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
32188 posts

re: Initech - Buy or Sell?
I've tried calling their investor relations department several times, but for some reason I keep getting transferred to corporate accounts payable.


rsande2
LSU Fan
Member since Jan 2006
3423 posts

re: Initech - Buy or Sell?
quote:

I've tried calling their investor relations department several times, but for some reason I keep getting transferred to corporate accounts payable


Did you tell them you liked michael bolton?


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Crbello4Hiceman
LSU Fan
Lurking
Member since May 2011
499 posts

re: Initech - Buy or Sell?
They must not have fixed the glitch.... They tend to try to let these things work out naturally.


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uscpuke
Wofford Fan
Member since Jan 2004
2090 posts

re: Initech - Buy or Sell?
After spending all weekend watching Kung-Fu...I woke up today with a case of the Mondays.

I have decided to unload all shares of initech.

I am gonna go listen to my radio at a reasonable volume. Thanks everyone for the feedback.


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BestBanker
LSU Fan
stuck in a moment
Member since Nov 2011
4226 posts

re: Initech - Buy or Sell?
Infrastructure costs are going way up. They have to spend big bucks on upgrading their safety and security systems, to include a full emergency fire protocol. Oh,... oh oh,.. oh sell.


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