Sold the last of my beloved Canyon Services, FRC.to/CYSVF.pk to buy some Liveworld. I like the momentum that is building in their sales. The two huge clients they have onboard is very significant. Ebay and Walmart? Wow. How many big old line companies need to get on board with social media and how many have experience and internal capability? I'm thinking their overhead is humongous and a little company like Liveworld can help them at low cost compared to their internal overhead.
Every old line retail company is trying to figure out how to take advantage of the trends and how to not get left behind any further.
This could become brutally competitive and they don't appear to have any significant barrier to entry but having those two big clients is a big credibility step for them.
They are not dirt cheap but with low overhead could move up earnings quickly with a few more name clients.
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