JupiterMedia CEO Blogs His Defense To Stock Drop

I’ve said it before, and I will say it again: JupiterMedia (JUPM) CEO Alan Meckler consistently has one of the most interesting corporate blogs on the Web. Over the weekend, he posted a note in response to the 35% drop in the company’s stock price last week following a disappointing earnings report.

Meckler says that “many funds” gave up on the stock last week, but that they may well be sorry they sold. Here’s the specific quote:

Many Funds gave up on us last week. I am sure they will be sorry about this decision in coming months. But that is the nature of the game when you run a public company. Funds demand quarterly results in line with guidance.