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Support.com, Inc. Message Board

  • drezzler90 drezzler90 Feb 5, 2008 2:48 PM Flag

    Trouble??

    Place your bets...
    SupportSoft has split the company in to two distinct businesses, Enterprise and Consumer. Enterprise sales has not been hitting their numbers but neither has Support.com. One could speculate that the WISH is to get a buyer for Support.com, hence the segregation. It has a much more compelling story with a larger market opportunity. But if that were to happen the company is truly in trouble because their growth opportunity is then gone. Their best hope is for someone to take them private. Unfortunately, common shareholders will have to eat it if that happens.

    As for next week, with the massive staff reduction in Q4 they better hit their numbers. A realistic is expecation is likely to be a decline Q over Q, year over year. Next week will be interesting....

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