Maybe I wasn't paying enough attention the first time but on my second 'listen' this is incredibly positive. I'm a little surprised there is not more speculation happening. The software versus hardware solution sounds like it may actually be the 'game changer' that has been touted for so long. If Cloud Switch is the solution for hundreds of millions of devices, even if the monthly recurring revenue per device is small, the gross revenue can be huge.
Notwithstanding the significant possibilities, once again it seems that it could be another year or two before the SP does anything significant given that training a sales force seems like a very slow process. It would be nice to be wrong and get news of exponential sales in the near future, rather than by the end of next year. Still hoping for a miracle, and sooner rather than later.
NET Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held