RE:RE:RE:RE:RE:RE:RE:RE:RE:The dump has begun? I think your too optimistic. All this thing can get up now is growth that results in increased profits.
So far that has not happened.
Generally with software companies, their revenue is their asset. All it takes is a 30% dive in revenue for 2 quarters for software companies to trade far under 1x revenue. Especially without profits.
The problem is they are exposed to radio and cable, both declining industries. So growth has to show up in the next few years where this company can earn its market cap in a few years. If that does not happen you are stuck with a stock that is exposed to declining industry.
Where will radio and cable be in 10-15 years? Seems like a highly uncertain things to me. That is why you want your earnings in the next few years. And that is why without aggressive growth (which looks increasingly more unlikely over the next year or two) this thing will trade at a optically cheap multiple.
Maybe I am wrong though, and these guys are simply terrible communicators.
What has come out of the shareholder meeting?