RE:PotentialGreat information, I never thought about the Polycom business but the way you lay it out makes sense.
The reoccurring revenue stream from the app sales is the item that is so intriguing; they could just take the cash generation from this business and the Korean Business to fund R&D and North American expansion.
The North American market opportunity has a potential of being so large and highly profitable given the reoccurring nature of app sales. The stock is off its highs because people are getting impatient with the rollout of North American Units which I think is creating the opportunity because the South Korean business continues to strengthen and North American business is one large order from taking off.
That 200,000 NEC sales number is very intriguing, given its current number of 12,000 that would be multiples of current sales. If they could hit that number this stock would be much higher.
I am sure management just didn’t pick this number out of thin air, given their talks with NEC and inside knowledge of the market makes the number seem a lot more reasonable.
Good information strengthens the LONG case on the name.