Host said: What do you think - will Alion Science And Technology grow fast? Are they expanding their staff? How does Alion Science And Technology stack up against the competition?
Alion is in poor financial condition. They havn't reported a profit since 2002. Average loss of $28M from 2003 to date. Large acquisitions that didn't pan out have led to high debt with high interest rates, and they may not be able to refinance the bonds that are coming due.
Upper management receives large bonuses despite poor performance.
All 401k matching is in company stock. The stock was at a high of $43 in March 07, and just dropped from $16 in March 2013 to $8 in Sept 2013. Company matching can't be accessed until 5 years after leaving the company, at which time it can be withdrawn over the following 5 years.
Benefits are being reduced.
There is poor communication of the company's condition and plan to try to recover.