From what I've read (and heard), it sounds like a lot of seasoned talent is no longer at the company, both due to layoffs and leaving on their own accord. But I see the same managers are in charge. Years ago I listened to Linda Rae give a presentation and I was utterly unimpressed with her. Yet here we are - she's still at the company.

The other thing - did KEI completely exit the semi system market? If so, what will they do with that monster building on Bainbridge Road? Do they really need it?

Someone wrote that Joe P. should sell the company. I agree. It's something that should be impressed upon the company's board. They have a fiduciary responsibility to the shareholders of this company, not to Joe P. (except as a shareholder).

Here is the list of directors:

http://ir.keithley.com/phoenix.zhtml?c=6...

If you're a shareholder, it's time to write them and demand action. Economy or not, there comes a point where new, innovative management is required. It's time for the deadwood to step down and let new people come in.

And to think this was once a wonderful company. I had the honor of meeting and talking with Joe F. many, many years ago. What a classy guy. He has to be turning in his grave right now.

wsj

PS - I'd love to hear from shareholders at wallstreet_jim@yahoo.com What's going on here is NUTS.