This has been known for quite awhile but I put it
Post# of 5282
This has been known for quite awhile but I put it here for your viewing
http://www.post-gazette.com/stories/business/...z2QGwRq9Fp
You know what they say about different strokes for different folks. Is it half full or half empty.
Since it has been pointed out by many on numerous occasion that Gerry has stopped his financial support for TelVue this move will have no effect whatever on the company. Gerry Lenfest has never played an active role in the direction of this company. Without the financial support of Gerry , in the beginning, there never would have been a TelVue in the first place. I have said that many times before but it bears repeating here.
It must be very obvious to most here that Gerry's financial support is no longer necessary. The company continues to make giant strides forward.
Jesse Lerman is the CEO of TelVue and will continue to steer the ship. Staying in the lead of the race for streaming digital video supremacy has always been part of the goal for Jesse and will continue.
Costing money to make money is a subject that has been beat to death. It has cost many millions of dollars to put us there. It is easier to say we are there now and will remain in the lead while focusing on the bottom line. Making money is the reason for all of us to be here.
My personal best wishes go out to Gerry and Marguerite in what ever plans they have for their future together.
Something tells me Gerry won't be taking up the rocking chair just yet.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.