No sales, no upgrades, no RiFs, no salary reductions - either they have found a way to beat the system, or some amazing secret project is in the works...
5 replies (most recent on top)
Several brokerage firms report an increase in stock purchase. Just mentioned others reduce their exposure in VD. ( Safe investing ). No names of who reduced. This who increased some down right questionable. Could signal the sale of the company coming up. Nothing of value piece wise. Possibly a push to sell faxing, antivirus & backup solution. Wait and see
This their secret. They just signed a material definitive agreement. They being sold as scrap, just dismantled, it maybe blackrock cr-p or another one of their "fentanyl stock pushing junkies. But the terms are telling. And no numbers now until sep 2024.
I assume when the crash comes it will be harsh. It just seems like they must be horribly over staffed.
Altera must be a government entity.
It's not magic. They still have a large , but rapidly dwindling recurring revenue stream. Vast majority legacy Misys clients. They got this way from horrendous management decisions and rot at every level of management. As a software professional it was both embarrassing and entertaining to watch the implode.