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Catamaran Corporation CTRX



GREY:CTRX - Post by User

Bullboard Posts
Post by slamdanceon Sep 08, 2002 12:32pm
110 Views
Post# 5417546

RE: Could someone please explain

RE: Could someone please explainMaybe GG got a bonus for saving the company from going down the tubes. Is the treatment better than the desease? I hope so. Since you have been around foe awhile, you can remember that there was a consolidation of SXC customers with more possibly on the way. Hence a future drop in revenues which I believe was already starting to kick in?? The new business plan by customers appeared to be the ASP route rather than to pay up front for expensive software. SXC was trying to break into the ASP market but the company they bought were way ahead of them. SXC was in a tough position. Their business plan had to be changed and they and the aquiree knew that. So SXC had to pay up big time. I suspect GG's bonus is based on meeting certain goals. Hoping he continues to meet those goals!
Bullboard Posts