It has to be a question at the shareholders meeting - without a fudged answer. Not exactly the type of surprise you should spring on shareholders after you’ve just argued in favour of selling a business at 75% reduced price.
Not saying he is - but he just looked a bit over it in the interview and I bet it’s not that appealing to go back to wave alone - knocking on the same doors that he was 10 years ago to get money to move along a technology that is further behind the cost curve. Compare that to progressing to a larger company in a massively exciting space, where cost is diminishing at a rapid rate.
I know where I’d want to be. MO needs to give s commitment regarding his future (either positively to CCE or negatively to the new entity or both) before EMC is sold off for nothing.
CCE Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
