Question-and-Answer Session
Operator
Thank you. (Operator instructions) Our first question is coming from Alan Menzer [ph] from Alcar Associates [ph]; please pose your question.
Alan Menzer – Alcar Associates
Hi, Randy.
Randy Selman
Hi, Alan. How are you?
Alan Menzer – Alcar Associates
Okay. I guess and not to be facetious, the best part of the quarter is were still trading and it’s still in business given where the stock is trading and I know as we’ve discussed a number of times, you don’t control that, but to some extent the investors are attracted to what senior management has to say when they are out there and it just seems with the pressure on the stock and this is through a third party I grant to, but I heard from a broker recently that it’s been a large shareholder putting pressure on the stock. Could you comment on that and it seems to be on an ongoing basis. So I don’t know who it is the folks that you’re talking to, but they are not doing anything for the stock.
Number two, given the performance of the stock and I speak for a lot of stockholders, clients of mine and so far that I think the company should take another look at the salary structure of senior management much less giving the senior managements an increase going forward and maybe you should take a step back as you would’ve courageously done if you will some time back and think about taking a 25% decrease until the company’s stock performance warrants an increase in senior management salaries?
Randy Selman
I appreciate the comments let’s part, start with the part one. It is an unfortunate circumstance that the stock price isn’t reflecting the gains of the company. The stock price was significantly higher when the company had less capabilities, had less revenues, had less clients etc, so it’s not really tracking with the performance of the company. That being said, there was obviously all types of situations that occur in the marketplace.
We can certainly look at the sector overall and see that many of the companies in the current sector have seen very substantial reductions in their current evaluations, their stock prices, in many cases have dropped 50%, 60% even 80% even Akamai, our flagship company is about a third of where it used to be.
So, obviously that’s one issue, so the industry as a whole is not being recognized by the investment community for the potential that it has and as I stated in my speech I believe that it’s very clear. There is going to be a big shift, there is going to be revenue flow in and these are the types of investments people should be looking very carefully at and hopefully soon we’ll be able to convey that message to the right years and see increased volume.
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