Rare that CEO makes promises publicly. He did in October 2015 on that video
The CEO went on record (on video published by IR firm Lolios on October 1, 2015) that (pretty much verbatim):
"people should be looking for revenue in next six months. Q4 this year (2015) , Q1 and Q2 next year (2016) will be crucial and I am expecting some exciting deals to be announced it's that simple. That's what you want to be watching for"
I know you are actually rooting for them. The no need to be defensive comment was you checking back and realizing no committed date was given fro full Citrix Integration. No worries.
I assure you nobody props anything up on any board :) At best a board is good for rational dialog.
The IP at HPTO is actually very compelling in my opinion. You may find that laughable - up to you.
Mgt must be under pressure. They deserve to be. Let's see how we go.
no need to be defensive. Of course none are happy about SP performance. But please do not invent stuff. Again I state the following: It appears that Citrix asked for tighter integration using and making available Citrix IP to HPTO to do so. Otherwise why would HPTO do the first integration? The fact that Citrix is making its proprietary IP available to HPTO to complete such tight(er) integration is certainly noteworthy. Yes, yes, yes CEO has yet to deliver on numbers etc. And yes, yes, yes his days must be numbered if he does not deliver something by Q1 or Q2. With all that said I am making a bet that HPTO will be successful given the compelling nature of HPTO's very own IP and its relevancy in brining "legacy" apps (the tens of thousands of Windows apps for example) into the mobile world. And as for Citrix's interest ....
Next few months will be interesting. Wish I could go to Citrix Summit myself ...
why should it be complete by now? What do you know about complex enterprise software integration that can scale ? It was pretty clear upon the first integration Citrix asked for a tighter integration ....my guess is that all are focused to deliver something for Citrix Summit. Cheap, cheap, cheap down here
6c or anything near IMO is a great opportunity. I actually have faith in the COO's (JL) cash management abilities. I also have faith in CEO's (Eldad) ability to lead an engineering effort for unprecedented Citrix integration - sponsorship of Citrix Summit is noteworthy I suggest. Will not take much to move the needle materially from here
check out citrix summit sponsor website for validation
think it best of CA just gets out of the channel. Cleaner and better use of resources instead of the years of disingenuous "we are committed to the channel" horse ****
1. CEO in no way controls the board. Has the board performed well? No IMO.
2. "HopToWork essentially dead" is another moronic statement.
3. Has company changed strategies? Yes.
4. Is Eldad worthy of being a CEO? Good question
5. Is JL a better profile for being CEO? IMO yes
6. Is Eldad on the money (finally) with HopToWork? I believe absolutely yes
7. Is Citrix new tighter integration of important note? Given that Citrix has never offered this proprietary technology to anybody prior is an important indicator I would suggest
8. Are all longs frustrated? you bet they are
9. Will longs have their day? IMO given IP, addressable market space, competitive lead I absolutely believe so
10. I have been buying more down here. I have more stock than God himself of whichever power you believe in or otherwise
many maybees indeed. One thing is clear (unless CEO is misrepresenting). There will be deals coming with for HopTo with decent size enterprises. We will see the revenues from HopTo. That will begin to move the needle - not just in SP terms but in validity, credibility, applicability and wider "more instant" appeal.
I think it is a stretch to imagine "a bridge" from Citrix. I actually have faith in JL. He manages those $$$ real well and when he says more monies in non dilutive fashion I believe him
You gotta believe there are partnerships coming also. Whatever happened to the iManage guys from HP that the HPTO VP tweeted about ?
Maybe I am way off, but I do think the first revenues, licensing deals will go a long way far far beyond their atomic value...and yes I do find it intriguing that HPTO all of a sudden has access to Citrix proprietary stuff for a new tight integration - at a time before the announcement of Citrix spinning off GTM and focusing on "Secure Delivery of Apps and Data"
So - Citrix announced that it is spinning off GoToMeeting into another distinct company. Citrix CEO says...
“Upon review, it is clear to us that the GoTo family of products is best suited to grow and operate as a standalone business,” said Bob Calderoni, interim CEO and president and executive chairman of Citrix.
“This separation will create a leading, pure-play SaaS company that will have a targeted focus with the flexibility to invest in its portfolio of products. It will also allow Citrix to refocus and amplify investment in our core mission to enable secure and reliable delivery of apps and data for the modern enterprise. We look forward to a seamless transition for our employees, customers, partners and other key stakeholders.”
This is the sentence that is most profound IMO "It will also allow Citrix to refocus and amplify investment in our core mission to enable secure and reliable delivery of apps and data for the modern enterprise."
And HopTo just announced a new tighter integration with Citrix.