READER COMMENTS ON
"DIEBOLD STOCK PLUMMETS! DOWN 15.5% AT TODAY'S CLOSE!"
(31 Responses so far...)
COMMENT #1 [Permalink]
said on 9/21/2005 @ 10:44 am PT...
Good job Brad!!
Is this the first NeoCon domino to fall?
TIME TO MOVE IN FOR THE KILL!
Keep up the good work Brad!
COMMENT #2 [Permalink]
said on 9/21/2005 @ 10:51 am PT...
Wouldn't it be nice if this coo decided to spill his guts for the good of Democracy? Go get him Brad,this is starting to take on a life of its own.Hey Brad by the way I keep up with quite a few blogs and you are just all over the place.Way to go.I am so proud of you,keep up the GREAT work.Thanks
COMMENT #3 [Permalink]
said on 9/21/2005 @ 11:01 am PT...
Could the dumping of their stock be by vengeful Democrats or by frightened Repugs who realize that it is only a matter of time before the corruption of that company is revealed to the public? Whatever the reason, I hope they fall on their ass, and some of the rats leaving the sinking ship decide to also become whistleblowers.
COMMENT #4 [Permalink]
said on 9/21/2005 @ 11:04 am PT...
Looks pretty grim for Deibold. I feel so bad.!!
COMMENT #5 [Permalink]
said on 9/21/2005 @ 12:04 pm PT...
Boo-Hoo! Boo-Hoo! Boo-Hoo!
COMMENT #6 [Permalink]
said on 9/21/2005 @ 12:13 pm PT...
COMMENT #7 [Permalink]
said on 9/21/2005 @ 12:18 pm PT...
Brad, I'd like to thank you for all you HARD work on this. I feel the same way as you do about election fraud. ALL of our problems started with election fraud. I've seen far great sucess from you then others who battled this Diebold fiasco.
I don't know what happens to people along the way but I guess when they can make money off of "fighting for peoples rights" they get lost along the way.
You have stood strong and we have seen results! Thank you again, and again for all your efforts.
I can't believe that people have hope for any election when we do not have a paper trail. As long as Diebold in place we are doomed.
I used to go off on people who said they weren't going to vote. Now I understand. I can't believe I am saying this but as long as the system is the way it is now I will not vote either. That would be the first time in my life that I didn't vote.
COMMENT #8 [Permalink]
said on 9/21/2005 @ 12:25 pm PT...
I hope everybody WILL CONTINUE to vote. We need to keep the vote alive. Yes, there is corruption and our votes are being EATEN by the black boxes, but we need to KEEP VOTING and keep working to make our votes actually count.
I worry that if people decide not to vote it will send a very bad message and will, in the long run, be very counter-productive. IMO.
More discussion on this is important.
COMMENT #9 [Permalink]
said on 9/21/2005 @ 12:30 pm PT...
Keep the pressure on - Thanks Brad.
I love the way they blame it on Katrina.
COMMENT #10 [Permalink]
said on 9/21/2005 @ 12:57 pm PT...
this is good news; i hope that the tumble in stock price has an effect on their corporate policies, since just doing the right thing (as discussed here over these many months) doesn't seem to be a priority for Diebold or the other voting machine companies.
it is a shame if the corporate officers end up taking it out on their employees --- i have no doubt that a lot of good people work for and with Diebold, people who are good Americans, who place truth and fairness above profit, who do not deserve to be penalized and are not at fault for the shameful acts of the corporate elite.
why is it so difficult for a publicly traded company, given the most sacred public trust of the United States democratic process of elections, to do the right and ethical thing?
one more point i'd like to make for those idiot trolls who just don't get it:
this is not about fighting the 2004 election results. this is about ensuring fair and transparent elections for ALL of us, EVEN YOU.
COMMENT #11 [Permalink]
said on 9/21/2005 @ 1:20 pm PT...
Just wondered if we need an Open Thread to discuss Katrina aftermath, bu$h's plan to cut money designated for Medicare as part of his unequaled ability to continue harming people while allowing the unimpeded flow of billions of dollars into crony coffers & other current events. ???
LOWER WAGES FOR HURRICANE RECOVERY CONSTRUCTION WORKERS:
On September 8, 2005, President Bush suspended application of the Davis-Bacon Act, a federal law governing workers’ pay on federal contracts in the Hurricane Katrina-damaged areas. According to the Washington Post, the Act “sets a minimum pay scale for workers on federal contracts by requiring contractors to pay the prevailing or average pay in the region. Suspension of the act will allow contractors to pay lower wages.” Congressman George Miller (D-CA) said, “In effect, President Bush is saying that people should be paid less than $9 an hour to rebuild their communities.” [Bush’s Order Waiving Davis-Bacon Act; Washington Post, 9/9/05]
Of course - Halliburton will be raking in the dough!!!
COMMENT #12 [Permalink]
said on 9/21/2005 @ 1:27 pm PT...
Diebold- Deleting democracy one vote at a time, so you don't have to!
The same guys who bribed Blackwell and his friend Bill Anthony. Looks like the Divestiture campaign is working, Diebold and ES&S stock is falling like big-ass anvils!!!!!
Lets keep it up until they go under, or do the legal thing and reveal their source code.....
This is the number one issue. Force free honest elections or you have nothing.
COMMENT #13 [Permalink]
said on 9/21/2005 @ 1:30 pm PT...
NORTH CANTON, Ohio (AP) --- Shares of Diebold Inc. dropped to a new year low Wednesday after the company said its president quit and it slashed its earnings forecast for the third quarter, blaming Hurricane Katrina and rising fuel costs along with a lower outlook for its automated teller machine business.
"Our recent financial performance has been unacceptable, and these organizational changes are a major step toward improving our direction," O'Dell said.
Diebold says it now expects to make 32 to 37 cents a share for the quarter, including restructuring charges of 7 cents a share. Analysts surveyed by Thomson Financial had projected third-quarter earnings of 66 cents a share.
Full year earnings are expected to be between $1.90 and $2 a share, excluding restructuring charges. The company earned $2.53 a share in 2004.
The company's shares fell $6.63, or 15 percent, to $37.74 in morning trading on the New York Stock Exchange. The stock had previously traded in a 52-week range between $44.31 and $57.81.
Half of the company's global revenue from ATMs is from North America, where about $50 million in lower revenue expectations are tied to customer delays and operational inefficiencies, O'Dell said.
The hurricane affected scheduled ATM deliveries, security installations, maintenance contracts and other near-term business throughout the Gulf region.
Also, the hurricane hindered deliveries of voting machines in the Gulf region, costing the company approximately $10 million in revenue during the quarter.
Higher fuel prices are also pushing up costs in freight and service-fleet operations, Diebold said. The company is starting a fuel surcharge on certain services.
"We will continue to do significant consolidation and restructuring and make technology investments that should help our costs on both service and manufacturing. We have closed one plant this year and we are reducing the size of others," he said.
O'Dell is assuming the responsibilities of Eric Evans, president and chief operating officer. Diebold said Evans is leaving the company and has resigned from its board of directors.
STOCKS GO UP..........THEY GO DOWN.........THEY GO UP...............THEY GO DOWN. YOU DON'T BUY HIGH AND SELL LOW TO MAKE MONEY UNLESS YOU ARE A LIBERAL.
READ THE PUBLIC INFORMATION THAT IS AVAILABLE AT THE SEC BEFORE YOU GO OFF YOUR ROCKERS ON A STOCK AND COMPANY!
COMMENT #14 [Permalink]
said on 9/21/2005 @ 1:31 pm PT...
COMMENT #15 [Permalink]
said on 9/21/2005 @ 1:32 pm PT...
ROBERT: WAKE UP!
FOR EVERY STOCK SOLD THERE IS A BUYER!
JUST AS YOU HOPE DIEBOLD GOES TO ZERO VALUE PER SHARE........THERE ARE MILLIONS OF INVESTOR WILLING TO BUY IT AT $37 PER SHARE AS A GOOD INVESTMENT!
TAKE A LOOK AT THIS STOCKS 10 YEAR PERFORMANCE! IT WAS DUE FOR A CORRECTION!
COMMENT #16 [Permalink]
A Concerned Citizen
said on 9/21/2005 @ 2:43 pm PT...
I sure hope you've treated yourself to a couple beers, Brad, great going!
Just what was this COO's reason for giving notice and leaving right now? Is anyone making sure he doesn't leave the country?? They might all run. Not because they're scared of jail, pffft, it's because they'll be scared of us. Can you imagine how angry this nation will be if this is, in fact, proven beyond the shadow of a doubt? They sold our nation. THEY need to fund the last 5 years worth of catastrophies this nation has endured. Pretty sure Kerry would have screwed some things up......but not the entire nation and certainly not half the world. Kerry's grandfather and greatgrandfather were not nazi-supporting politicians with a world agenda raising him.
That won't compare with how angry we'll get when the administration does nothing about it. They're going to confirm Roberts tomorrow anyways, leaving us screwed for 30 years! We're chopped liver. I absolutely resent the bullshit excuses of human beings Diebold has so cleverly placed in offices at all levels to run things. Vote them all out of office asap, whatever the party, they're all in it.
Hope I'm wrong. We'll have to see.....getting hard to see that glass as half full anymore.
COMMENT #17 [Permalink]
said on 9/21/2005 @ 3:29 pm PT...
I agree with the comment that the worst of our problems right now are probably traceable to election cheating via electronic machines.
I pray that Diebold whistle blowers continue to come forward and bring proof.
COMMENT #18 [Permalink]
said on 9/21/2005 @ 3:35 pm PT...
We can never have a fair election as long as Motherfuckers like this are "counting" the votes. They figured out a long time ago how to steal them and they are not going to give democracy back to the people. Hell, I almost agree with them, we don't deserve to have it handed back to us. If we are destined for self rule then we have to RISE UP and take it back. With a vengeance! Like we really want it. We overthrew an illegitimate regime once before and by golly, I believe we can do it again. How bad do you want freedom and liberty America? Bad enough to die for it? Our ancestors did. We owe it to them. Take back America now!
COMMENT #19 [Permalink]
said on 9/21/2005 @ 5:13 pm PT...
When Diebold is shown to have even the slightest hand in manipulation of vote collection and counting, their "brand" will be ruined.
At that point, we can take our hammers to Diebold ATM's in full view of the video cameras and know with certainty that no jury in the world will convict us. In fact, such an action would have to be considered an act of PATRIOTISM and fully defensible by law.
As for those who talk of the "good people" at DieBold or ES&S or Sequoia --- NOPE, sorry, that's like talking about all those "good Germans" working in the concentration camps. If you don't have the moral fiber to know when you are helping an evil enterprise to do evil (even if you are not doing so yourself) you are STILL evil. Sorry. Sad truth. These saps can lose their jobs and go hungry and without homes and health insurance and DIE. Too F*&%ing bad.
As for the execs? I can't wait until they are put up against the wall and shot. THAT will be the sign that we have taken our democratic republic back from the Republicans and (too many) Democrats owned by the Corporations.
COMMENT #20 [Permalink]
said on 9/21/2005 @ 5:13 pm PT...
COMMENT #21 [Permalink]
said on 9/21/2005 @ 5:39 pm PT...
COMMENT #22 [Permalink]
said on 9/21/2005 @ 5:43 pm PT...
I've traded stocks a bit, and what tends to happen here is the stock may bounce, rebounding back up for a few days for a fraction of the total gap. Then it will go back down to the initial low from the plunge, and then it will go lower and lower. Attention rats! Abandon ship!
COMMENT #23 [Permalink]
said on 9/21/2005 @ 5:43 pm PT...
Mark #7, you've gotta keep on voting --- the criminals will certainly screw up OFTEN --- and, who knows, your vote may well get thru in spite of them! Don't let them stop you from voting --- it's just what they'd like --- less work for them to do, with fewer people and numbers to contend with.
COMMENT #24 [Permalink]
Grizzly Bear Dancer
said on 9/21/2005 @ 5:56 pm PT...
Touchdown!!! These Diebold worms interesting enough move like the corrupt snakes in the Bushit administration. In reality it is unfair to make an analogy to the human beings in the Bushit administration to snakes because snakes would never do the disgraceful actions such as cheat to win an election or roll back an environmental standard let alone 400, destroy the last wildlands and it's inhabitants in the name of personal greed or bomb a country based on more lies. Snakes don't have to call 911 or be aware the attack on 9/11 because only in bred humans beings on testocerone injections could create such a blatently evil yet sloppy inside job to gain more power and control over the free known as the AMERICAN PEOPLE. Also, somewhere in this country there's a jail cell waiting for the slimy dirtbag Baker III.
COMMENT #25 [Permalink]
said on 9/21/2005 @ 6:32 pm PT...
Diebold hasn't seen the bottom of the tank yet.
However, this has more to do with their financial services division than their voting machines. Problem is, in June, when the first indicator hit, Diebold tried to reassure their investors by pointing to their voting machine sales.
We have been receiving calls from attorneys who specialize in class action suits. We were told there are two trigger points for a pension fund class action suit on behalf of stockholders:
Stock hits $45 and holds for a week
Stock hits $40 at all.
Looks like both triggers will be met.
Though this was caused by their financial services division, their voting machines division will add to the bloodflow. When the stockholder suits hit, Diebold will be forced to explain that it either (a) did not do adequate due diligence on the voting system when it acquired Global Election Systems or (b) Did the due diligence, chose to buy a flawed product, but failed to disclose that.
Buckle up, should be an interesting ride.
COMMENT #26 [Permalink]
said on 9/21/2005 @ 7:26 pm PT...
Charlie L (#19) --- nobody is suggesting that those who participate in criminal wrongdoing should be let off the hook.
i'm talking about the regular folks that have to work there --- the secretaries and janitors, the folks on the manufacturing assembly floor --- people who are honest and hard-working, who are not privy to the big corporate decisions or software design. it seems elementary to me that to ensure secrecy, the fewer employees who know about it, the better, no?
being a Diebold employee or vendor does not automatically make one a criminal.
i'm just sayin'.
i also whole-heartedly disagree with the idea of lining 'em up against a wall and shootin' 'em. that is not justice. i'm hopin' that you only meant that figuratively, spoken out of passion for the sanctity of our elections.
COMMENT #27 [Permalink]
said on 9/21/2005 @ 7:33 pm PT...
Bev Harris #25
Thanks for the update.
Are the trigger points you mention simply related to the stock price itself, or are they based "reassurances to investors" about the voting machine sales and the voting machines division?
COMMENT #28 [Permalink]
Grizzly Bear Dancer
said on 9/21/2005 @ 7:50 pm PT...
Ah the innocent caught in harms way working at company which made it possible to rig a presidential election. How bout the innocent in the twin towers on 9/11 or 100,000 Iraqi civilians killed in a war of terror waged by a president who stole his authority by hacking into electronic voting machines. Working for "the man" with both eyes closed can get you caught in the wrong place at the wrong time. Maybe it's time to make a new start or find similar work for at a company that's not stabbing AMERICANS IN THE BACK.
COMMENT #29 [Permalink]
said on 9/21/2005 @ 8:49 pm PT...
Gotta be careful that there are not other neoCon companies out there, like jackals, ready to pounce and deliver more criminal inspired "voting" machines.
They are really deceit, lie, and cheat machines. They have nothing to do with voting, in the sense that voting is an american endeavor, generally requiring honesty, honor, and humility in the exercise of democracy.
These fools have brought us demockcrazy and it is about time they bit the freaking dust. None too soon.
But as Bev et al point out, it is not over yet ... and we keep voting and keep calling these low life criminals what they are.
Purge them to the end ... purge them from our land!!!!
COMMENT #30 [Permalink]
said on 9/22/2005 @ 1:49 am PT...
The phones for you Brad...from Bev@BBV
"I don't actually have Brad's phone number. It may be on the front of his Web site, but right now I have very limited Internet access. If Brad's in D.C. right now, I can arrange to meet him tomorrow. Whether or not we can meet, I'll post my cell phone here: 206-335-7747. I'll assume this will get back to Brad at some point, and I'll be glad to freely share undeveloped information we have with him, as there is too much for any handful of people to follow up on at once."
COMMENT #31 [Permalink]
said on 9/22/2005 @ 7:32 am PT...
What goes around comes around. Bad Things are happening to Republicans who did Bad Things. There is a god after all!