May 12th, 2006


Down 25%

The stock price for my employer, Expedia, Inc. is down 25% today. There's a lot of implications from this. And one of them is that I lose a lot of money. Not as much as a lot of my co-workers, cause I had a hunch that it wouldn't be good, so I protected myself.

I don't have a lot of confidence that our senior management will be able to turn this around. Not that it can't be turned around, but I think the current executives have neither the vision nor the decision-making skills to do it. Here's hoping they prove me wrong.