InvestorsHub Logo
Followers 36
Posts 3215
Boards Moderated 0
Alias Born 02/28/2006

Re: petemantx post# 12314

Monday, 10/20/2014 9:02:17 PM

Monday, October 20, 2014 9:02:17 PM

Post# of 48142
Pete, Remember back to this from when the fellas spoke to Mgmt at the shareholders meeting.....

JB can fill you in on his conversation with Kelly re: VAR's and distributors, but it goes something like
"we only need 10% of the 16,000 to sell one deal each with services...."
I asked Peter T for a rough revenue estimate if each of the 20,000 OVRL resellers sold one Glassware enabled box. As we both heard, Peter T felt that if 10% of the current OVRL resellers each sold only one Glassware enabled solution, and the services that go with it, Sphere would receive $100,000,000 in revenue!
Kelly said that the resellers have to be trained and he thought that 1-2 thousand would be enough to cover the globe.



They will be selling the systems and also receive monthly residuals from Glassware, is what it looks like to me..
This products bundle is going to be the Holy Grail, imo. Once the security aspect is explained to customers, it will sell itself. Add to that the ONLY player in the legacy/XP solution department and it becomes mind boggling, potential wise.

All imo, and please correct me if I am seeing it wrong.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ANY News