It is too bad they didn't come up with anything revolutionary like a little device that can serve as a wireless access point anywhere there is 3G/4G signal. Something like that could make a well run company very very wealthy.
It is because the companies that are getting services here in the US have branch offices in the UK and other locations. Sending a phone to someone in the UK works when calling back to the US, but it isn't so good when then are in the UK calling to the UK. Their call has to cross the ocean to a US datacenter and then go back over the ocean to connect the call. Once they have a presence in the UK they no longer have to cross the ocean at all (if it is a local call, or even a call to the rest of Europe).
Sentiment: Strong Buy
Just wondering what others are thinking. Volcalocity was a top notch VOIP Provider for Businesses. I honestly think they have it together a lot better than 8x8 in terms of customer service.
By the way, I am not saying that one wins over another. It is my opinion that everyone in this space wins (assuming they make money). I think there will be some strong synergy between VG and Volcalocity that will help both sides of the house mutually. My only concern would be that they re brand Vocalocity as 'Vonage Business' or the likes, which may actually hurt their credibility.
8x8 has had a strong run. I just wonder if their earnings are going to meet expectations of the street?
Sentiment: Strong Buy
As they are stating on the call, this whole industry of hosted Cloud Communication is still very young.
This company and its "comprehensive suite of stuff" is at the right place at the right time to offer their products to anyone and everyone as they go forward.
White label is going to be big. 8x8 has the services everyone wants to sell. Hosted Business Phone, UCaaS, Web Conferencing, Video Conferencing, IaaS, Virtual Server Hosting, etc.
This entire market is only 10% Penetrated.
They have a jump on working up into mid market.
They have very good partnerships in place.
I'd still like to understand how their IP sets them apart from the other folks out there. I want to know what their value is.
I also like that they are dedicated to Profitable Growth. That is important to me. "Not all revenue is the same." They value revenue that is sticky and going to continue to grow vs. just getting the masses.
Sentiment: Strong Buy
I feel like they should be up to 9 or 10 by now with the markets doing so well.
Just saw the weekly promo for resellers and they are pushing the OCZ Drives: The New OCZ Vector 150 Series 2.5" SATA III SSD... The original OCZ Vector Series broke new ground, but it's the next generation Vector 150 Series that shatters today's SSD barriers by providing unparalleled sustained storage performance and long-term endurance. Vector 150 SSDs not only start off fast, but stay fast and offer a leading five-year warranty with up to 50-GB per day of host writes. (SKUs TL3749, TL3750, TL3751)
I suppose that is a good thing.
What is your background? You spend some much time posting on this board, I Just wish I understood a tenth of what you are posting (or should I say, how it applies to 8x8). Can you please have a summary for idiots in your posts. Dumb it down so we can just get the basics of what you are trying to say. I'd appreciate it. I imagine you are trying to make some good points and I'd like to follow them.
Sentiment: Strong Buy
8×8 Inc. (NASDAQ:EGHT): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on March 1, 2013. The stock’s 52-week high is $11.00, and its 52-week low is $5.62. Cramer was bearish about 8×8, the provider of voice over IP services. Cramer noted that the stock had already made significant gains, both over the last six months and the last two weeks, and said that there were better plays available for investors in the sector at this time.
Can someone explain who the better plays are?
I think someone needs to educate this guy.
This is the worst management team on earth. How do they keep creating amazing things and completely running the company into a hole? Why on earth did I buy more shares today? These guys need out!
Why is this management team still getting paid. They need to be removed. New management should come in and be paid 100% on performance via stock. I would rather have Dennis Kozlowski run this company from his jail cell then these crooks.
I want to call him and say THANK YOU! These morons need to hear that from every analyst that calls in. No wait, these morons shouldn't be on another call ever again, because they should be gone...
pmk - Thanks for your deep thoughts on the matter. I am glad you took time out of your day to post that. I am an 8x8 customer and I sell their solutions. I reviewed several of the VOIP Companies when evaluating which one to partner with. What do you know about VOIP? I would love to learn from what you have to say.
Everyone has different experiences. 8x8 is NOT very good at dealing with larger busineses (even 35 plus phones) where they have anything complicated inloved. To counter what I just said, they have the technology and the bright people, it is just hard to get to them when you need them and the lower level support folks sound like they have been hitting the bong a lot. Which is cool execpt when you are sitting in NYC with a bunch of stiff cut-throat business people. They need some east coast presence.
Also just go out and read the reviews of 8x8 vs. the rest of them. You are going to find that 8x8 does not look so hot in reviews compared to the others. Vocalocity usually shines. I know becaues my customers point it out to me when I am trying to place a system...
If nothing else Stephen Shearin seems legit. Not sure it justifies the market cap, but it will probably be fun to watch as they try and launch these machines. Sounds like they have a ways to go. "They work individually, like a printer, but they have some issues when networked." I assume that will be a problem since all these devices need to phone home and report their info. It is no small task building that backend system.
Even if they did get some big win, they would still manage to mess it up and lose money. I honestly think this company needs to be audited and investigated. They are either THE WORST management team on the planet, or they are robbing investors somehow. Maybe a little of both.
When this stock was at 11 and they were launching MiFi, this company should have gone nowhere, but up. They should have flown right past SWIR and taken the lead. Instead their products are everywhere, but they keep losing money...
Something is not right
They should just shut down if they can't make money.
I wish Ichan or the likes would take some interest in these guys and clean house and bring out the value. it wouldn't be hard.
Yes, please let us know. I went into Herbal Elements and they had nothing to show. Great story, but nothing tangible.
Did they not pay their taxes or something? Something must be wrong and it would be nice if they would release a little more info as to why they are canning their top leaders. With about 9 million in debt and 50 million coming in, I'd think there would be a little more value in this company...
I happened to be driving by, so I stopped into Herbal Elements the other day. First off, Herbal Elements isn't in Vail. It is in Eagle-Vail. That is the town between Vail and Beaver Creek Ski Areas. It is a very nice sized Dispensary that only sells to folks with Medical Cards. Several folks popped in trying to buy recreational pot while I was in there talking to them. It sounds like the guy that owns Herbal Elements is the guy working on the machine. The people in the store were not even 100% about the machines, but it sounds like the machines will be delivered to Herbal Elements, and then they will distribute the machines and install them at other dispensaries. The machines will be located inside of existing dispensaries and will allow people to come in, swipe their medical cards, and get what they need vs. standing in long lines. It will take care of the payment, tax collection, etc. Sounds very promising, but would have been much more interesting if they actually had any of these vending machines there.
Anyway, that's my input.
Let the irrational exuberance continue!