8 x 8 INC (EGHT)

[TechKim]

One problem that needs breaking down are companies who are use to doing business with one another are reluctant to search or adopt a new company into their provider base. That is a problem with a lot of broad based enterprise companies. I must say though 8x8 has been surprisingly beating out old hardened provider services. One of the conference calls highlighted that even when 8x8x is late to the table. 8x8 has still surpassed the competitors and won the bidding contract.

As share holders I think the lag for trusted investment comes from the expansion expenses to broadly benefit enterprise level customers. So far those added expenses seem to have generated enterprise activity. What that ratio of expenses to confirmed business deals is I am not readily in the know. So as costs level off and business activity improves. We should also see it expressed in higher share prices.


My opinion only.