On June 22, Chris Mellor asked "Can Said Ouissal really cut Violin’s sales mustard?"
I guess now we know the answer.
Back in July last year activist investor the Clinton Group expressed its feelings about Violin Memory, saying: "If the Company's sales execution does not materially improve and our voice continues to remain unheard, we will have to seriously consider seeking the election of replacements to the Company's Board of Directors at the …
It doesn't matter.... the company is now in "target lock-on" mode and the firing switch set for "max effect" to "return shareholder value". I read that as it's about to be broken up, fed to the pigs, and the activist investors get to count their money on the way to the bank. The game is all but over.
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