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CounterPath Corporation Message Board

  • ucinvestor ucinvestor Mar 14, 2013 10:57 AM Flag

    Numbers do suck but don't get fooled into selling

    There is way to much happening around company and space such as Acme, large announced cable operator and the whole space exploding.

    Looking forward to the call but I think this is the inflection point.

    Uc

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    • They need a revenue model that works!!!! IF not then just let ORACLE pick up the company as a gift/token.

      • 1 Reply to boardwalk97
      • I agree, Boardwalk.

        We have heard nothing but good news regarding the company's marketing efforts lots of big new customers in the last couple of quarters; new channel partners; and most recently the "value added" program. Yet we actually GET a decline in revenues not just from one quarter to the next, but year over year.

        Talking about prospects is not the same as actually generating revenue. We have worn out discussing the potential of the company. but what we get is now two quarters of declining revenue. There is no way to put a good interpretation on the last two quarters. In the absence of the company issuing revenue guidance (which Donovan Jones is reluctant to do), why would any fund manager in his right mind buy shares in a small tech company with declining revenue? Where is the compelling story from Jones that would prompt a surge in share buying activity?

        So we are now stuck until July 31st waiting on the 2013 10K annual earnings report, wishin' and a hopin' and prayin' that some actual REAL revenue will show up to justify our investment in this company. After nine years of owning CounterPath shares, it still seems like a start-up to me.

        Best,

        Doug

 
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