It is very nice to read the transcript.
Sure broadened my concept of what the company does.
Did notice a few cautions:
(But, hey, keep in mind I'm the sour-grapes guy on this thread that bought at the high.)
Repeated instances of "the need to execute..."
And the talk started with a list of requirements to be successful:
1.) Improved manufacturing capabilities.
2.) An increase in market understanding.
3.) Revamp sales dept.
4.) Better support.
5.) Leadership.
Throw in the fact that the traditional market for their scanners, which is the only division fully up and running, has been 50 color scanners and 100 monochrome/greyscale units per year; and we have a small company wanting to grow.
Only 4 employees at TRC division, including a President, programmer, and operations person. And oh yeah, a salesman.
But hey, this company is in the first stage of a Bull-run (we hope).
That stage is when buyers are drawn to the potential, to the opportunities for success. Buying here takes Vision. And risk. And also offers great rewards if successful. The second stage, which is probably a year or two away, is driven by numbers. And brings in value investors. Of course the third stage is when expectations and prices get over-extended.
But we're at the "Hope" stage.
Great opportunities exist and the company is going after them.
Mr. O doesn't see current GIS companies as competition, but as yet unamed giants that enter the business.
I do know that database management software with a point and click interface, otherwise known as "PDM" or Product Data Management software is being developed and marketed by lots of major companies.
What I don't know is if other company products work with GIS info.
But all in all, I liked the conference call.
Not sure the market did though...
Jerry |
