Rob, I haven't read this kind of tone from you before. IDX has done a pretty good job with releases recently, given their history. Look back earlier this year, we hardly heard a peep. I think those $149 pieces aren't where we want to be. IDX should focus on being part of a 'system,' like the infamous Oracle one. As you said, there's no money in cheap add-ons, specially if it's not a consumer product.
As for the technicals you're right, as usual. But 4 1/2 has held up pretty good given recent market moves. I've been adding 1000s of shares bought under 5, primarily to catch a short term move to 6 1/2. It's just one of those "gut" feelings that's served me well in the past. One gut feeling I should have listened to and didn't...https://www.siliconinvestor.com/readmsg.aspx?msgid=928052
Anyway, I think the worst is behind us. Randy should know by now that he needs to move top line growth to the bottom as well. I'm willing to give him this quarter to "show us the money," if IDX doesn't come at .04 or better, I'm off to other pastures.
Chuck |
