Ted- fair questions/concerns.
What's the value locked up inside ISC...?
PLENTY-to an EDS maker, who pays keen attention to TSA's desires for an automated inline ETD solution to backend it's AIT component.
Low hanging fruit, right now, for an ETD INLINE, world-wide is 400M -600M within 1.5 years of a buyout. What would you pay for that bolt on component?
If I also included an active-filling 168M IDIQ with TSA for Desktop ETDs, what would you pay for that stand alone product? Plus ECAC opps that have to fill within a year!
These are real opportunities right now, around the world. But the bigger picture is what does your product/solutions offerings become once you can offer a real world class, category leading, bolted on ETD component...would your sales team close more product suite sales...?
Note, all investors usually over-value their investments and under-estimate the problems involved in finding a buyer for their company. But the category is speaking loudly via the 1StDetect/Smith's tie up---they intend to present a real ETD solution. Competitors are now more "tuned" into what they have to do.
McGann has a huge amount of category credibility...this is a factor in all of this.
