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Carbonite, Inc. (CARB) Message Board

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  • tonasket75 tonasket75 Mar 31, 2012 3:28 AM Flag

    i love CARBs...

    agree, either they will hold their own or be bught out by some bigger mouth...staying long for the long run...one has to take risks to make money...I think carb will reward in a year or two..good luck all

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    • But is CARB worth the $277 million that it would now take to pay off the venture capital and private investors of this narrowly-held company?

      "As of March 1, 2012, we had approximately 101 holders of record of our common stock. This does not include the number of persons whose stock is held in nominee or “street” name accounts through brokers." (2011 Annual Report)

      If, say, Microsoft bought the customer list and slashed the astronomical $37 million annual sales and marketing budget, there would be significant cash flow from the current subscribers and it might only take half-a-decade to recoup the investment.

      The problem is that online backup has become a commodity, available from an increasing number of vendors at increasingly lower prices (though nobbody knows the financing of these jackrabbit startups). There's no guarantee of keeping the CARB customers from switching to cheaper providers with newer technology.

      One thing is for sure ... CARB cannot continue its tradition of buying subscribers and market share by spending $2 million per month more than it receives.

      Something has to change so that the company begins to at least break even -- solicit more investment, or slash expenses, or acquire a boatload of new subscribers.

      It's time for CARB to begin to "monetize" its market share ... before its piggy bank is empty.

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