RE:RE:RE:RE:RE:RE:RE:Q4csinc47 wrote: I for one see ever-increasing competition and less growth in the future. $20 might be a ceiling, and I am not sure how long I am willing to wait around to find out anymore. Sad to say.
Mr. Fernandes addressed this in the conference call. And it's also something Clarence has talked about on this board many times. Asian security solutions are cheap and are clearly the way to go on the retail level but governments and institutions and owners of large plants and infrastructures do not trust them because of their well-documented security flaws and backdoor vulnerabilities. He said these clients are turning more to Avigilon products because there have never been a security breach or hack with an Avigilon system. Plus, if Trump does implement border tariffs, much of that cheap asian competition will be wiped out.
This is just as much a play on Trump's security and border and economic and infrastructure policies as Avigilon's technology.