1.0
Dec 12, 2013
Recommend
CEO approval
Business Outlook
Pros
The ESOP, but you have to have been hired prior to 2000, to participate in the real gains.
Cons
Upper/top management is not innovative or interested in really growing the company. They are only interested in protecting their ESOP values, and therefore cut, cut, cut to try to maintain or slightly grow the ESOP price. School photography is a dying industry, and instead of coming up with new non-photography products that could be sold utilizing their great relationships with the schools in America, management chose to cut the field staff and pay and maintain the status quo. Company is singularly controlled by the one man at the top and he doesn't get it or doesn't care. He is about protecting his millions.