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Pivot Technology Solutions Inc. T.PTG

"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives majority revenue from the United States and also has a presence in other countries."


TSX:PTG - Post by User

Comment by factRbeston Oct 25, 2019 1:23pm
170 Views
Post# 30270238

RE:RE:RE:RE:Good and bad

RE:RE:RE:RE:Good and bad

They got in over their heads with Smart edge.
Only for the reason that they are too small.
Intel is also getting the lead guy from PTG.

TRUE STORY.
Few years back I mentioned PTG in conversation.
Some time later on of the people there mentioned PTG and how the price had come off.
They never knew of PTG until I mentioned it. I had and still have a good amount of shares.
I immedately replied , 'I would not buy it now.'
Asked why not.

My reply is they are taking on a lot of risk due to expenses by persuing smart edge.
Said it can end really good or really bad.
I think the selling of smart edge echoes my concern back then.

At the end of the day did PTG make any money from smart edge?
They have been at it for some time.
Intel has the resources to wait it out and they will do good with it.
Too bad PTG did not spin it out so the market could finance it.
Under the PTG umbrella Smart Edge got no recognition.
As a stand  alone company in the 5G space they would have been digital marijuana.
Could easily have raised funds.


 

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