Craig Berger
![Craig Berger](/assets/img/authors/unknown.jpg)
Craig Berger
beginning beyond cost growing markets reflect stock targeted
The stock is beginning to reflect some of the cost savings. Beyond that, we need to see if the company's targeted end markets are growing if the stock is going get out of the mid-teens.
continue cuts deep denial hopes management putting reasonably sharp
They are putting their hopes on a sharp snap-back in the market. Management has been in denial for a while, and they continue to be in denial. If the snap-back isn't reasonably sharp, they have to think about very, very deep cuts in spending.
ability baby close decisions focus hard necessary
I think Mr. Corrigan was a little to close to his baby and did not have the ability to make the hard decisions necessary to focus on the right products.