I just read where printcafe raised 37.5 million on there ipo.They sold 3.75 mil shares at $10.What is unbelievable is the lost 12.5 million for the quarter.Workflow is making money even with there debt and the stock can't get any buyers.
but WORK's management lacks credibility with investors and the perception is that PCAF's management will exceed expectations. It's interesting, how the "market" (investors and WORK's stock price) has correctly anticipated WORK management's failures over the past couple of year and a half. The Admiral has chronically bemoaned the "lack of Wall Street interest" in WORK shares but in fact, Wall Street has been correct in predicting this managment's relative lack of performance vs. WORK's peers. We'll see if they can score the winning runs in the bottom of the ninth (what about that Longhorn baseball team!!!)