I listened to the EGHT conference call. I remember a while back the main reason why Vic was picked to lead the company. To take the company global. Vic has done that. Now Vic is ready to broaden the global paths in a phase two project he announced today. Mid market growth is phenomenal. One story told was that 8x8 knocked out a competing 12 vendors, while getting in late to the game, to win the customer business. The same story is repeated over and over again per Vic.
One question was asked has there been buy out interest. The answer was yes, but it will not be Vic making that decision, but the board per Vic. So far from what I could comprehend. Does not appear to have been any real serious offers to pay what Vic feels is best for shareholders. ( I really enjoyed that question. Read the transcript.)
Vic emphasized that 8x8 still has to earn name recognition. Even though growth continues. The 8x8 brand name is still weak in the field as a well known name to shopping customers. I expect possibly to see a promo blitz in early spring to get the name out front. I expect Vic to succeed in this endeavor. My opinion.
My opinion is from my own comprehension. Please refer to replay call or transcript.
By the way the bottom line is: EGHT is moving up rapidly in customer based size. Mid market company customers.
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