Other than Veriphone, the company which should advance is the producer of the EMV chip....Gemalto (GTOMY). They have gotten lots of action but as yet not the coverage they will get in the next few weeks in the business press and from the business channels. Do your own due diligence on the company...good luck!
There is absolutely no question that GTOMY is and will continue to be a major play as EVERY retailer will have to convert to a chip standard. Men and women think about all of that plastic you carry around...five, ten or more cards making your wallets or purses too thick? How about the future where at least for the near term, you just carry one card that has an embedded chip from all of your cards on the same card? Getting a bank card (VISA, etc.) form your bank...just give them your single plastic card, they scan and your info is put on a field on the chip (with proper card numbers, passwords etc) It's simply a single card and smartphone future.
I agree with the poster who say that when the business channels get a hold of the GTOMY story...we will have quite a run....think of what happened to Generac's stock when hurrican Sandy hit.
We tend to marry our hometown...which is fine. Warwick is a wonderful and great place. Unfortunately, look across the country and see how many local "institutions" have folded. Always sad and I urge you not to compound the sadness by losing your money in their stock.. ALTV has changed direction BUT it is managed and directed by the same team that has eroded shareholder value over the past 5 years. They are too late to the game and will not be competitive against the big boys in the game...heck, they weren't even successful in a market they OWNED locally. IMO, bad investment and a worse speculation. Look elsewhere...don't coat tail a loser even though they are nostalgic for you.
Your point is well taken, but the bigger issue is the fact that such high severance packages are on the table to begin with. Proponents will argue that it is needed to "attract" talent. As a country, we are doing ourselves a great injustice buying into such scenarios. It really represents the overused term "greed" to the maximum. Any self-respecting CEO (if there are any left) should be rewarded by performance and not rewarded by non-performance. These numbers and dollars being thrown around are making suckers out of us as shareholders. As another poster said, vote your proxies and throw the bums out.....ESPECIALLY the BOARD OF DIRECTORS who approve this rip-off to the shareholders. If you don't vote, don't complain.
Susanstevens, like your post and think you are spot on in your analysis. My pro is saying he is impressed with the movement of ELY equipment recently. Take a look at Perry Ellis (PERY), they took over the Hogan brand and own many others but their stock hasn't done much compared to Phillips-Van Heusen (PVH). I've been accumulating recently as their stock is at a ridiculous 52-week low. I think like ELY, they are a potential take-over candidate as well. What else do you like?