Diebold Doesn't Compute

Barrons article dated 9/21/05

sorry no link is available

But please note that the COO & CFO have both resigned. Does this have anything to do with the BradBlog article???

Inquiring minds want to know.
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Diebold Doesn't Compute

WE ARE LOWERING OUR RATING on Diebold to Neutral from Outperform based on continued execution issues, revenue weakness in a positive market environment and management disruptions.
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The company announced that its voting business would come in $10 million light of expectations, citing delayed shipments to the Gulf region due to Katrina.

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Second, Diebold continues to have execution issues, leading to missed opportunities in a positive environment and weaker-than-expected profitability. The company cited global manufacturing and supply chain inefficiencies. We expect the company will announce additional restructuring.

Third, Chief Operating Officer Eric Evans is leaving the company, which closely follows former Chief Financial Officer Greg Geswein's departure. This suggests near-term management disruptions.

thanks for posting