The Issues for the CC
1. Guidance, surely they can muster something, no? Saying they can’t is massively bearish … even if they give a stated low-ball, I believe it is time they step up.
2. Talk about ORC & NIC and what gives … some here insisted Wave knew to the penny the deals as announced … given that Wave has not announced a dime from those efforts and there was no balloon in revs or deferred, it seems perhaps those certain few here were wrong, and others who argued that, these are multi-year almost a billion dollar contracts that will play out over time, are perhaps more correct. But what matters is, what does Wave expect … can they still say nothing about their expectations (errr reasonable expectations?). Is it possible to have a place in a billion dollars of *.gov deals and simply say you are clueless?
“Yes, Madam Secretary, we are a subcontractor in deals equaling a billion dollars, but no, Madam Secretary, I cannot confirm or deny whether we have sold, or will ever sell, you a single frying pan.”
3. Personally, I want to put their feet on the fire re: Xxpress. Give me a vision and not a one-liner or divest daddy and brother. It’s that simple. I’m sick of … “we like the property” I should hope so, One Penn Plaza is not normally considered a retirement home. I’m sick of, we really think MSFT is going to flip a billion our Way. I’m stuck with thinking about real companies with real plans and real products … and Xpress is a real fantasy. Fine, I CAN DO FANTASY, but tell me what it is … otherwise stop the bleeding. Fire dad and brother. Make a call. They had no trouble firing a qualified exec in Cliff Jenks, just stick with that plan and fire daddy and brother too. Get the nepotism monkey off the back.
4. More color on ATML and Winbond and BRCM and what percentage of their eligible products they actually expect to bundle. It’s a reasonable question. They have modeled it, they can answer it.
If anybody has a good list of more punctuate CC questions, I’m listening.
The above content is my opinion.
