stock charts of constellation and open textSomething interesting when look at the charts:
1) It took about 5 years or so for the companies to reach some tipping points (sp is double or many times higher).
-constellation's sp: 2006 about $18/s, 2011 about $52/s; 2016 about $512/s, 2018 about $788/s.
- Open Text's sp: 1998 $1.2/s, 5 years later (2003) $4/s, 2008 $ 9/s, 2013 $18, 2018 $42/s (but actually it's $82/s considering the share 2:1 split 2016).
2)For the software service companies (IoT), it takes about 5 years or so (to acquire companies) to reach the tipping points of the growth. For QTRH may need 3 years at least to reach the point, as it already has 2 IOT companies and $100m cash. And wi-lan has more than 10,000 strong patents that continues to generate more cash. Now has new CEO from Open Text.
3)Huge market for IOT/software services companies. The growth potential is great. Less risk (if pick up good and right companies).
4) Need patient to see the tipping points for the gain..
good luck