clarus would not have been better off on its former path. though management's final idea on their own was at least intended to be quite similar to the kanders way. so it's tough to say, but i know that it would have taken much longer to shed the expense base we had.
to think that clarus would be doing well right now - or would have gotten a materially better deal for the software had they waited - couldn't possibly be correct. clarus trades above cash soley on the reason that we exited the business and shed the credibility problem we had in 02. if we kept the business this long, we may have traded up over the last six months, but the move would have been from $3.50 to $4.50. not from $5.50 to $7.50.
to shun tech right now - or to pre-screen-out any sector as a rule - would be shortsighted. however, i think it's fair to say that kanders doesn't seem to have a fever for volatility. in fact, he doesn't really seem to have a fever for anything right now. which is a pity.
tex what you say is probable but not entirely true. if clrs was to announce an acquisition of a tech company in a hot sector like VoIP it could easily 4 or 5 bag from here.
the bieg telecoms like verizon att plus comcast time warner etc are all rolling out VoIP over the next 12-24 months. traders jump on these stocks and drive them high look at the charts of SONS andEGHT for the last 18 months and see what I mean. none have made a ton of money but SONS 40 bagged due to speculation and eght followed on its coattails later this year
dont get me wrong this is unlikely to happen to clrs but if kanders makes an acquisition thats in vogue traders could definitely push this thing to 20-30.