is anyone following this stock?, page-5

Hi All

Xero is good storey which I've followed from the start, for a couple of key reasons. Firstly ROD Drury is still fully engaged moving forward. Secondly Xero is probably the first ever appropriately funded and backed tech company to come out of NZ with a view to going global from day one. They have caught the incumbents (MYOB & INTUIT) napping on making the move into a total cloud system. What this has done is allow them to catch the front of the wave resourced to take advantage of acquisitions to solve issues and continually enhance the offering before income bents have even realised the problems let alone the opportunities.

You only need to look to the big backers like Peter Theil and ex MYOB folk in behind this company to know it’s going places fast. It's a rear thing when a hockey stick projection may actually be justified, certainly tracking that way at present IMHO.

DYOR