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When Pat wants to make the cut. The board keeps saying he cant do that. When Pat wants to cut the dividends. The board keeps saying that is not negotiable. Wh
by ksec 2y ago
When Pat wants to make the cut. The board keeps saying he cant do that.
When Pat wants to cut the dividends. The board keeps saying that is not negotiable.
When Pat wants to cut off the GPU because it hasn't produce anything useful other than sucking out immediate cashflow, The board says he cant because they already have huge contract in place for AI or other usage.
When Pat wants to make long term investment and short term will be hit because hardware cycles takes 2 -3 years minimum and you cant catch up in one cycle, the board wants the short term sales to be stable while making changes.
So after 5 years, along with a change of CEO, everything he asked for in the first place was eventually done.
And I am sensing GPU may be on the chopping board.