imo, the incentive for senior execs isnt aligned with their customers. if tos removed all eps estimates and said we're going to spend $100mm+ upgrading infrastructure, options comp would be worthless for execs. When you judge corps month by month, this happens
Although massive mutual funds probably wouldnt care, the raft of downgrades would make alot of others exit their stock as folks see spending money as neg for earnings.
Where I live, last week it was power utilities and isps failing, this week its tos. Maybe they should look at amzn, nflx, googl for a positive example ofr what investing in tech does