Put on a Happy Face
Is it grace under pressure?What would you say if your firm made $22.4 million, but overall, lost $130.9 million in the first quarter of 2001? Somehow, it seems to us that the adjective "excellent" doesnt fit here. But thats just the term that OpenTVs CEO, James Ackerman, used to characterize the companys performance, which saw revenue double but losses escalate by more than a factor of three over the same period a year ago.
Is that what business schools are teaching these days? Or is someone in denial? Stay tuned. Film at 11.