% | $
Quotes you view appear here for quick access.

IntraLinks Holdings, Inc. Message Board

  • saveusfromallthis saveusfromallthis Feb 11, 2012 12:26 PM Flag

    Don't be fooled...

    With every new exec and team leading this company, there are still the same issues. #1: the board is the same (they picked the former CEO and SVP of Sales who started the mess). #2: IL's business model is deeply flawed (they present as SaaS model, but their revenue is mostly TRANSACTIONAL and must be re-sold every six months for NEW projects). #3: they misrepresent their segments (Enterprise is presented as being annual subscriptions but much of it is bundled M&A transactions). #4: the CFO who misrepresented FDIC revenue (the FDIC told them in 2009 the projects would end), has caused legal acion on SEC process, and sold his shares while doing all of this is STILL there. Net, the company does not have a LT vision.

10.13+0.01(+0.10%)Sep 23 4:01 PMEDT