So Zentri backing out of the Buddy deal and then taking another offer is "encouraging news"....
Wow, I have now heard it all.
Absorb:
- Two failed acquisitions
- Woeful Parse numbers - Parse is a fledgling backend system anyway
- A re-focus of the direction to "Smart Cities". How bad must things have been going for this to occur?
- Take a look at the chart. Just actually look at it.
Gotta take my hat off to Dave. He sold a story, and he did it well. His positivity and optimism pulled the wool over many peoples eyes - mine included.
I personally enjoyed the announcement of the failure of Noveda followed the very next day by the Smart Cities announcement. I just wish I was one of his mates!!!
At least there are still lots of opportunities in the pipeline. Maybe Buddy should actually build pipelines. Really focus on 150mm poly.
Keep believing people....
Seeya at 3c
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