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confusedtrader

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confusedtrader

Re: gettingby post# 296

Saturday, 08/18/2012 7:44:02 AM

Saturday, August 18, 2012 7:44:02 AM

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They are adapting based on the recent emphasis on remote capture with cloud support. Not sure how much of their scanners were being sold to individuals as that market will quickly erode as a smartphone can now be used to scan docs. Their enterprise market (selling to banks for ATM etc) might still be fine for the short term.

Management seems confident. And there were 3 individuals (Dave, CFO & Martin Boliek)on the conf call. Alas, not one question was asked at the conf call.
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