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Replies to post #296 on Document Capture Technologies, Inc.(fka DCMT)

Replies to #296 on Document Capture Technologies, Inc.(fka DCMT)

confusedtrader

08/14/12 2:58 PM

#297 RE: gettingby #296

Earnings today.

Question is what this stock will do, if numbers are disappointing?

Despite previous conf calls' rosy outlooks, the stock keeps drifting down to 20 odd cents.

Disappointed with DCMT, the stock.

confusedtrader

08/18/12 7:44 AM

#303 RE: gettingby #296

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.