RE:RE:RE:RE:RE:earnings
@csi. sold most a month or so ago. regrets yes BUT sold becuase i was done with the drama.
If i knew james was going to be CEO, i may have stayed in. he is, I beleive a good fit.
if I hear of a buyer, i would likley get back in. It is a good company and product is decent. Not the top like it was but still good and as i have always said, the high end, north american made video market is a good. thing to be in.
Its now more a matter of can they survive and thrive. next innovation is always seconds away from being announced and that would hurt a company like AVO Extremely large companies like Panasonic, Pelco, AXIS have a firm grip on high end gov market and due to thier not being in the card access sector, pose no threat to others / better chance of getting thier cameras integrated into any large Gov card access system.
the other reason i sold, was due to a personal beleif that the market in general is due for a serious reset. when that occurs, a company like AVO would likley get hit very hard.
Very sad to sell a company i truly beelived in and while I made some very good coin, it should have been much more. Hustlers screwd up a good company and I just felt it was time to pull the plug and count my blessings.
Seriously hope you and others do well and will pop in from time to time. good company and good people at AVO