Savvy Trades and Investments

[2morrowsGains]

WSTG...Earnings due out today AMC...Should be decent based on comments made in the acquisition PR a couple weeks ago (but you never know)...

- 2020 Business Remains Strong Amid COVID-19 -

- “Despite the uncertainty around COVID-19, we have been fortunate that our business has remained strong year-to-date. Our entire workforce is up and running remotely. We will continue to serve our customers during these unprecedented times and provide them with a broad range of technology solutions that help them go-to-market.”
Also, maybe we'll get pro forma results inc the Interwork Technologies acquisition?? (The acquisition closed April 30, 2020).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155175608

And Wayside purchased Nynens' (prior CEO) 261,361 shares...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155335499

So looking good so far.

Hope earnings and guidance are good and ther's no dividend cut!!! We'll see what happens.

Here's another tidbit of recent news from the end of April...

Wasabi Partners with Lifeboat to Distribute Storage Solution Globally
Agreement Fuels Rapid Wasabi Growth within Fast-Growing Partner Reseller Community

BOSTON, MA, April 21, 2020 – Wasabi, the hot cloud storage company, today announces a new distribution agreement with Lifeboat Distribution, Inc., an international value-added distributor for virtualization, security, business continuity and emerging technologies to deliver a game changing, best-of-breed cloud storage technology provider to worldwide customers at disruptively affordable pricing.

Resellers who buy through Lifeboat will now have the ability to offer Wasabi’s simple, affordable, and predictable cloud storage that is 1/5th the price and faster than the competition, with no fees for egress or API requests. In addition, Wasabi offers valuable enterprise-focused tools and approaches for rapid data migration, such as Wasabi Ball Transfer Appliance, Wasabi Direct Connect, and more. Its breakthrough price-performance model makes this a simple choice for VARs and MSPs looking to migrate customers to the cloud for a wide range of storage use cases. These use cases may include data backup and disaster recovery, archiving, application development, and more.

“Lifeboat Distribution is focused on bringing disruptive high value products and services including many popular technologies that are a natural fit with Wasabi, shares David Friend, CEO of Wasabi. “By pairing Wasabi with Lifeboat’s thousands of channel customers, they can now seek a solution that helps the channel grow their business with disruptively low cost and high performing cloud storage. Our new distribution partnership is critical to our channel growth plans in North America and Europe.”

“The addition of Wasabi to our product portfolio will allow us to provide great value to our cloud storage customers,” says Dale Foster, CEO of Lifeboat Distribution. “As a disruptively priced and leading cloud storage platform, Wasabi’s enterprise-class data durability, high availability, and security capabilities will help deliver maximum protection for your data.”

About Wasabi:

Wasabi is the hot cloud storage company delivering disruptive storage technology that is 1/5th the price of Amazon, faster than the competition with no fees for egress or API requests. Unlike first generation cloud vendors, Wasabi is solely focused on providing the world’s best cloud object storage service. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is on a mission to commoditize the cloud storage industry. Wasabi is a privately held company based in Boston, MA. Follow and connect with Wasabi on Twitter, Facebook, Instagram and our blog. Visit Wasabi.com for more information.

About Lifeboat Distribution:

Lifeboat Distribution, a subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), is an international value added distributor for virtualization/cloud computing, security, application and network infrastructure, business continuity/disaster recovery, database infrastructure and management, application lifecycle management, science/engineering, and other technically sophisticated products. The company helps vendors recruit and build multinational solution provider networks, power their networks, and drive incremental sales revenues that complement existing sales channels. Lifeboat Distribution services thousands of solution providers, VARs, systems integrators, corporate resellers, and consultants worldwide, helping them power a rich opportunity stream, and build profitable product and service businesses. For additional information visit www.lifeboatdistribution.com, or call 1.800.847.7078 (US), +1.732.389.0037 (International), +1.888.523.7777 (Canada), or +31.20.210.8005 (Europe). Follow Lifeboat Distribution on LinkedIn, Facebook and Twitter @LifeboatVAD.
https://wasabi.com/press-releases/wasabi-partners-lifeboat-distribute-storage-solution-globally/