| Posted by | Message |
uscpuke
Wofford Fan
Member since Jan 2004
2090 posts
| Initech - Buy or Sell? (Posted on 10/10/12 at 12:02 am)
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?
|
| Back to top | Share on  |
Golfer 
LSU Fan
Coral Bay, St. John, USVI
Member since Nov 2005
47476 posts
 Online
| re: Initech - Buy or Sell? (Posted on 10/10/12 at 12:19 am to uscpuke)
Major HR and staffing issues. I'd stay away as this company is a fire waiting to happen...
|
| Back to top | |
LaBornNRaised 
New Orleans Saints Fan
The Datty's are Fixed!
Member since Feb 2011
7677 posts
| re: Initech - Buy or Sell? (Posted on 10/10/12 at 4:40 am to uscpuke)
quote:
Thoughts
Have you seen my stapler?
|
| Back to top | |
WikiTiger
LSU Fan
Member since Sep 2007
38253 posts
Online
| re: Initech - Buy or Sell? (Posted on 10/10/12 at 9:38 am to uscpuke)
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.
|
| Back to top | |
Janky
LSU Fan
Team Primo
Member since Jun 2011
2513 posts
| re: Initech - Buy or Sell? (Posted on 10/10/12 at 10:18 am to WikiTiger)
fricking TPS reports.
|
| Back to top | |
rsande2
LSU Fan
Member since Jan 2006
3423 posts
| re: Initech - Buy or Sell? (Posted on 10/10/12 at 10:26 am to Janky)
Neither, You should invest in that guy with the "jump to conclusions" mat......
|
| Back to top | |
Crbello4Hiceman
LSU Fan
Lurking
Member since May 2011
374 posts
| re: Initech - Buy or Sell? (Posted on 10/10/12 at 10:28 am to rsande2)
Yep, the are modeling their business in the traditional "pet rock" methodology. The guy made a million dollars!
|
| Back to top | |
uscpuke
Wofford Fan
Member since Jan 2004
2090 posts
| re: Initech - Buy or Sell? (Posted on 10/10/12 at 12:22 pm to Golfer)
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.
|
| Back to top | |
uscpuke
Wofford Fan
Member since Jan 2004
2090 posts
| re: Initech - Buy or Sell? (Posted on 10/10/12 at 12:26 pm to WikiTiger)
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.
|
| Back to top | |
Displaced
LSU Fan
Member since Dec 2011
8538 posts
| re: Initech - Buy or Sell? (Posted on 10/10/12 at 1:09 pm to uscpuke)
SELL!!!
Y2K is a Hoax rendering Initech effectively obsolete.
|
| Back to top | |
foshizzle
LSU Fan
Member since Mar 2008
25116 posts
| re: Initech - Buy or Sell? (Posted on 10/11/12 at 4:36 am to uscpuke)
I've tried calling their investor relations department several times, but for some reason I keep getting transferred to corporate accounts payable. 
|
| Back to top | |
rsande2
LSU Fan
Member since Jan 2006
3423 posts
| re: Initech - Buy or Sell? (Posted on 10/11/12 at 9:46 am to foshizzle)
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?
|
| Back to top | |
Crbello4Hiceman
LSU Fan
Lurking
Member since May 2011
374 posts
| re: Initech - Buy or Sell? (Posted on 10/11/12 at 12:39 pm to foshizzle)
They must not have fixed the glitch.... They tend to try to let these things work out naturally.
|
| Back to top | |
uscpuke
Wofford Fan
Member since Jan 2004
2090 posts
| re: Initech - Buy or Sell? (Posted on 10/15/12 at 7:32 am to Displaced)
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.
|
| Back to top | |
BestBanker
New Orleans Saints Fan
stuck in a moment
Member since Nov 2011
1651 posts
| re: Initech - Buy or Sell? (Posted on 10/15/12 at 7:42 am to uscpuke)
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.
|
| Back to top | |
