TO: Lloyd Carney, Dean Gilbert , Ken Goldman, Gal Israely, Bruce Sachs, Robert Sachs, Geoff Yang
RE: Amir Bassan-Eskenazi, BigBand CEO
As members of the BigBand (BBND) board of directors, it would seem appropriate that you find a new CEO. None of your investors would have expected, especially after looking at your S-1, that the BigBand business would fall apart in a matter of months.
BigBand’s stock is now down from $21.63 to $6. The company was downgraded by several research firms. The board may have the opportunity to get things back on track, but the time is probably short. The chance of class action suits goes up each day.
Your stock chart is starting to look like Vonage’s (VG).
Douglas A. McIntyre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
