$50 million estimated new expenses over the next 3 years ???....

$50 million estimated new expenses over the next 3 years ???. Existing Business As Usual R&D will need to continue else the core applications developments will fall well behind current client expectations I would think. This approach has to destroy any profits for the next 3 years and any future near term dividends ??.

And... If they do not get it right $50 million could easily double to $100 million.... Do they have a track record for not getting it right ??.

An even bigger question is do they think their existing customers and any potential customers are prepared to wait up to 3 years or longer to gain features that other platform providers have in their platforms today ??.

A lot of risk in buying here at the moment I think. Better off parking your money somewhere else until they have some evidence of genuine change and progress.

DYOR