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8x8 Inc. Message Board

  • patroutman patroutman Apr 4, 2013 11:56 AM Flag

    Open Question: Why are you invested in EGHT?

    I keep reading posts on this board that make no sense to me. Out of curiosity, I'd like to know why folks are here and invested in this company, or what they are looking into it.

    Personally - I am here because the idea of Hosted (Cloud) VOIP (Phone Systems) for the business, that actually work and sound good, is very compelling to me. Forget everything else. The ability to have a fully functional phone system on par with the best Avaya System you can buy for $30 per month per user including phones, is truly amazing. No more CAPEX, upkeep, and administration. Just OPEX and web interfaces. That is why I am here. Plus the margin is huge.

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    • I am here for the same and more. I believe the upside is tremendous. however, I am now very unsure about the CEO. he is not the right person to take to the next level. I think this management has left share holders dangling in the wind. No news for weeks and then the come out with BS news. the latest announcement was a shelf registration for 250 million. Why does a $120 million/year revenue company need this?

      There is very little communications to the markets. This management needs to do more for it's shareholders. And I sure hope we do not get diluted with this 4250 million in funding.

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