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2morrowsGains

03/14/23 6:20 PM

#103891 RE: gilead23 #103890

CXDO...Yes...Good cc. Lots of interest. The comment that stands out the most was towards the end of the call when management said their stock is tremendously undervalued. What keeps him up at night is he's afraid that someone will take a run at them (buy them out) before their true potential hits.
Also...
- They cut the dividend and hired an IR firm. (Dividend was small anyway).
- Has not seen a slow down.
- Lots of demand.
- Don't want to dilute shareholders.
- They don't give guidance, but said there is good organic growth ahead.
- No dealings w/ Silicon Valley Bank.
- Retired CEO Steve Mihaylo will not be selling any of his shares. They will be left to his foundation that helps people w/ education, drug abuse, ect.

CXDO is currently my 3rd largest holding and over 20% of my portfolio. Was very happy with the call.
Lots more info but I can't remember it all. May relisten to it again later or tomorrow.