Kris, my opinion of WIND's management is based on:
o the strategic decision to establish business partnerships with
large companies that would most benefit from a common RTOS
platform across their organization, eg. HP, Siemens, GM, Canon,
Lucent, Mercedes-Benz, etc.;
o disciplined, mature business practices, like holding back revenue
so that there is very little quarter-to-quarter pressure to make
earnings projections, which allows management to be flexible and
responsive;
o keeping costs contained, even in the face of continual, exceptional
growth - they are not throwing their (our) money around;
o acknowledging the importance of the investment community by making
sure they meet earnings consistently, without erratic ups and
downs, and attempting to increase share float through moderate
stock split executions;
o planning for growth: expansion of infrastructure, and investment in
R&D, in a controlled and calculated manner - no knee-jerk reactions
or crisis-style management;
o improving the collection process to provide better control of the
revenue stream (mentioned in the conference call yesterday);
o a commitment to quality throughout the organization; and
o understanding the importance of their employees to their present
and future success.
In short, the maturity, discipline, and foresight of management, in
concert with the excellence and vision of engineering, is producing
what I think is one of the premier growth companies in the high-tech
sector.
Hope this helps!
-Dave Lehenky |
