GREY:ISYRF - Post by User
Comment by
cdnwineon Nov 02, 2019 3:38pm
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Post# 30301319
RE:Looking Forward
RE:Looking ForwardOn the call there was a question about the structure of the deal, cash versus tocks, to which Lantronix indicated they would of preferred to do more of a cash deal but that they had compromised because they (ITC) wanted in. Who will that be and in what capacity? Its a no thanks for me.
As for Lantronix itself they don't inspire me, they've had flat line growth over the last 5 years. I think I remember a comment from them pointing out ITC 25% annual growth and that they were looking forward to that continued growth. But wasn't growth an issue for ITC? Wasn't the strategic review about that, accelerating their growth. So they do a deal with a company that's been flat lined for 5 years!