TherightstockYour theories are sound and insightful.
I was told that the owners of ESL are actually the founders of GEAC
computers. They sold out prior to GEAC's meltdown and intend on taking Enghouse through the same level of growth that they did for GEAC. Aquisitions are said to be around the corner and with the market in as bad a shape as it is, it would seem that the time is now for this to take place.
Just my opinion...
Tori..............