Reckon Ltd T.RKN

RE:In top 4 billing vendor should bring good $$$$$

[factRbest]

srtman03 - (10/19/2016 9:36:40 AM)
In top 4 billing vendor should bring good $$$$$

"We are proud to be recognized as one of the top four convergent billing vendors in the world, especially as we have seen Redknee's strong product and project execution continue to be chosen by communication service providers (CSP) in their transformations to digital service providers. We continue to invest in Redknee product platform and cloud service offerings, and we remain committed to deliver world-class monetization solutions capable of supporting any business model and new innovative service offerings that are driven by modern subscriber preferences and changing consumption patterns. Redknee looks forward to continuing to grow its market share in the convergent billing market, while continuing our customer-for-life commitment that we are recognized for."
===========================================
The problem has never been with deployment.
The problem is on the revenue and earning side.
The thought of the tech boom technique of giving away your wears and then claim amazing distribution comes to mind.
That got RKN to 8 bucks but we all know what happened at the end of the tech boom.
Let's hope they can amazon this thing and decide to run a company, Amazon took their tech boom darling from 100 to 6 before they decided they needed to make money.
Look at them now 818 dollars. Amazing what happens when a company actually makes money!!!!

Being a software company their margins should be fantastic but they continue to fail on the financial side. On the market penetration side they have never had a problem.
If the reason is they are giving their services away (I don't know) then every contract actually will hurt the company.
They say they are taking steps to fix the mistakes of the past. I want to see back order booking drop while seeing contracts increase.