I bought a bunch of their shares many years ago and it has pretty much been dead money since. They company does well for itself, but it is never reflected in the share price. It would be interesting if there would be any synergy by merging with MIFI or the likes. Although, it seems shedding the hardware side of things is the current path to margin.
This company always has so much promise, but execution is always terrible. I really hope this crew can make it happen. However, I was excited by the last crew as well. What the heck happened there? They have missed the boat so many times. Let's hope they can finally make it happen. I loaded up a bunch in the low 1's on the way down.
Why can't these folks increase the value of this fund? This is really insane. I can take the hit from 20 thanks to 2008, but they have had some clear sailing for a few years and we are now lower than ever. What's up? Please do your jobs!
This begs the question, where does there value come from, and who would want to buy them? The local companies being Evolve IP, Broadview, and Coredial (which come to mind first) might have some interest in parts of the company, Windstream already has their hands full but could maybe find a play to enhance their Allworx Platform. I just don't know. I suspect they would need to sell in pieces. In this case the sum of the parts might be less than the value of the individual nuggets.
I want to like this company, but I am having some trouble figuring out what they are doing. I think they have a few smart folks there. They had some great cash cows in place, and they were moving into a new and fast growing niche. However, they don't really own much IP from what I understand. They do have a bit of a network, but I am not sure what it is all worth.
Would another VoiP Company find any value in buying these guys? If so, why and what would it be? I had thought one of the west coast VOIP Guys would buy them up for some East Coast Support and presence, but at this point, I doubt it.
Not sure what to make of them. If they could just make a play at Office 365 it would be pretty nice.
I stopped following these guys for a bit and just saw a huge dividend in my account. What in the world are they doing/saying? They need to pay out cash before they burn it and run the company into the ground? Were they essentially just cashing out for themselves before they get removed from running the company? Just not sure what is happening, but I don't feel like these guys have a real clear plan.
Anyway, not trying to be negative. Just curious if anyone really knows what is happening here. I clearly haven't been following or reading the news.
Maybe they are setting up for a quick sale, but most acquiring firms don't mind cash...