Comments on: aje closing? (updated) http://www.cheezhead.com/2009/03/18/ved-americas-job-exchange-closing/ Insight and opinion from the world of employment. Fri, 13 Nov 2009 04:01:22 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: NAVI http://www.cheezhead.com/2009/03/18/ved-americas-job-exchange-closing/comment-page-1/#comment-117054 NAVI Fri, 20 Mar 2009 18:39:06 +0000 http://www.cheezhead.com/?p=4228#comment-117054 http://finance.yahoo.com/q?s=navi http://finance.yahoo.com/q?s=navi

]]> By: Rathin Sinha http://www.cheezhead.com/2009/03/18/ved-americas-job-exchange-closing/comment-page-1/#comment-117020 Rathin Sinha Wed, 18 Mar 2009 16:24:09 +0000 http://www.cheezhead.com/?p=4228#comment-117020 It is interesting to see the way you crafted the headline. If you go through NaviSite earnings call transcripts you will see that the company’s position has been very consistent for the past two years and the latest earning call has not been any different. NaviSite wants to build and grow AJE until a suitable strategic alternative (including disposition) is achieved. Currently, AJE continues to grow and sign up new customers, launch new products, grow sales and profitability. If you had only refrenced the actual words from the latest earnings call on March 05 readers would have seen something like this “Traffic to the career search portal continues to grow along with key operating metrics…. Per our projections, the AJE operation was essentially breakeven on both an EBITDA and cash flow basis in Q2 (Fiscal quarter that ended in January 09) and we plan to continue the business in this fashion until a strategic exit is achieved.” The way I read it, AJE keeps growing as a subsidiary of NaviSite maximizing its shareholder value. It is interesting to see the way you crafted the headline.

If you go through NaviSite earnings call transcripts you will see that the company’s position has been very consistent for the past two years and the latest earning call has not been any different. NaviSite wants to build and grow AJE until a suitable strategic alternative (including disposition) is achieved. Currently, AJE continues to grow and sign up new customers, launch new products, grow sales and profitability.

If you had only refrenced the actual words from the latest earnings call on March 05 readers would have seen something like this “Traffic to the career search portal continues to grow along with key operating metrics…. Per our projections, the AJE operation was essentially breakeven on both an EBITDA and cash flow basis in Q2 (Fiscal quarter that ended in January 09) and we plan to continue the business in this fashion until a strategic exit is achieved.”

The way I read it, AJE keeps growing as a subsidiary of NaviSite maximizing its shareholder value.

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