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Re: Nice Article-Expect Pop This Week     20-Oct-09 07:59 pm    
It's a SaaS model. Kinda hard not to increase revenue unless your customers are bailing ship faster than you can sign new ones.

To understand their lunacy, check out this press release on reefer monitoring posted in 2004.
http://refrigeratedtrans.com/news/XATA-t...

I don't think they even changed the words on the press release. This company is selling illusion. Qualcomm, Trimble, Peoplenet, Wireless Matrix actually have products. If a strategy didn't work in 2004, why try it again in 2009?

These guys are all on the beach sipping martinis. What "pop"? Stock has been flat for 2 years. You're paying mgmt to re-churn old strategies and old press releases.
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  Subject Author Rating Time of Post (ET)  
 
Revenue growth in a bad economy? XATA has it. Look for ...
les_bolstad Rate it 1-Mar-09 11:27 am  
 
20% of diddly squat is still diddly squat.
jedno_pivo (1 Rating) 20-Oct-09 05:56 pm  
 
Re: Nice Article-Expect Pop This Week
starsusy (1 Rating) 20-Oct-09 07:59 pm  
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XATA Corp. (XATA)

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On Dec 24: 2.9392 Up 0.0191 (0.65%)
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