Diebold Announces 76% Drop in Earnings for 4th Quarter 2005

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“That company is just not for me. … I think it’s a House of Pain”
Mad Money’s Jim Cramer on Diebold, Inc., 1/12/06

Today we begin to seem more evidence of that pain as Diebold, the unAmerican mega-corporation that believes in privatizing our public elections, and keeping the results of those elections as their own “trade secret”, had their quarterly earnings call today.

AP reported on their announced “76% decline in fourth-quarter earnings”. What a shame.

You can listen to the audio from the 4th quarter conference call here. I haven’t had time to listen yet as I’m climbing a mountain of things I’m working on and catching up with. If you listen to it, and hear anything notable, please let me know!

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Diebold Announces 76% Drop in Earnings for 4th Quarter 2005

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11 Responses

  1. 1)
    Doug Eldritch said on 1/31/2006 @ 1:46pm PT: [Permalink]

    It’s time to end Diebold…..I want it BANKRUPT.

    And then lets move right on to kicking ES&S out or closing it…ES&S is just as corrupt and Sequoia is already on the run and going down. ES*S must share Diebold’s fate.

    Doug E.

  2. 3)
    Lou Marino said on 1/31/2006 @ 2:12pm PT: [Permalink]

    Diebold deserves to go down the tubes, but the election damage the company has caused is pointing us in the direction we must take…forming a new party.
    Judging from the way the Democrats are "opposing" the repugs, I don’t believe they would be governing any differently. Just look at Hilliary, Byrd, Rockerfellar, Lieberman and the rest of the jerks in the Senate, they’re all from the same deck of cards.

  3. 4)
    Doug Eldritch said on 1/31/2006 @ 2:27pm PT: [Permalink]

    Lou,

    While that may be true our only alternative right now is to kick them out of the primaries until runoff voting is forced through so we can have a third party.

    States must pass their own resolution on runoff voting as well as impeachment, there’s alot of facts regarding the process I’ve already been studying.

    Meanwhile, you have to work hard to kick them out of their primaries while Diebold goes down…And make sure Diebold goes down because they are criminal vote stealers…..ALWAYS FOLLOW THROUGH UNTIL ITS DEMISE(just like we did with Tom Delay)and then go forward.

    Here’s Lieberman’s opponent: Ned Lamont

    Work to make sure hes out of office now that CT is all paper ballots.

    Here’s Maria Cantwell’s opponent: Mark for Senate

    Do everything you can to just fire them, and have them permanently replaced in the primaries. Then do the same thing with the R senators which is far more filled with corruption (vote in their primaries as well)

    Doug E.

  4. 7)
    Doug Eldritch said on 1/31/2006 @ 4:53pm PT: [Permalink]

    Kate

    AccuPoll didn’t have funding and had junk equipment. Diebold has alot of money and is going belly up.

    It doesn’t matter who makes the voting equipment, if its a sham or rigged etc. That’s why we ARE going to force all voting machines to simply end.

    Doug

  5. 8)
    Doug Eldritch said on 1/31/2006 @ 5:37pm PT: [Permalink]

    Kate

    AccuPoll didn’t have funding and had junk equipment. Diebold has alot of money and is going belly up.

    It doesn’t matter who makes the voting equipment, if its a sham or rigged etc. That’s why we ARE going to force all voting machines to simply end.

    Doug

  6. 9)
    Robert Lockwood Mills said on 2/1/2006 @ 12:21am PT: [Permalink]

    The period covered by this earnings disaster is the fourth quarter. Yet the lawsuits against Diebold weren’t announced until mid-December, so little or no legal expense should be included there. And it doesn’t cost anything to have your C.E.O. resign, or to fail a test in Florida. None of the bad stuff that happened in December directly impacts earnings.

    Where did the drop come from, then? Cancelled orders? Cost of a p.r. campaign to protect its reputation? Payoffs to certain people for legislative protection? Whatever, I assume the plaintiff’s lawyers in the class-action suits will be interested.

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