They have had a great strategy of acquiring a lot of failed dotcom companies and diversified.
mp3 down loads is only one of their business.
DES is one of the success stories coming out of the dotcom disaster. It has been a gradual clawing of their way out, but the future looks good.
They have a very clever young CEO who has lots of fresh ideas.
Note the following comments by their CEO
Our CFO (Todd Richards) and I will be presenting to brokers and institutions over the coming 2 months in order to build the destra profile in the investment community.
We are kicking off this initiative tomorrow and presenting at the Citigroup Smith Barney small cap insto conference - we will have about 30-40 small cap fund managers listening to the destra story.
This information and presentation is in the public domain, so feel free to send it to anyone who is interested in learning more about destra.
Thank You
Domenic Carosa CEO
DES Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held