Envoy Global Research

Short j2 Global at Your Own Peril

So overall, this author is 100% correct. This is one of the silliest short ideas, I've ever seen. Pristine balance sheet with no debt, tremendous free cash-flow, recurring revenues, low valuation, and not one iota of evidence that their business is in declining or faces any major competitive threats. In fact, they are buying out their competition. And even if the business was declining, the company's low valuation already reflects that worry.

By the way, I use OneBox and eFax for my businesses. Both are great services and I'll be using them for another decade.

Short j2 Global at Your Own Peril

You've clearly never used OneBox, if you think Google Voice competes with it.

Also, you've obviously never used eFax is you think the usage is going away anytime soon. Until there is a valid and widely accepted form of online signature (which is never going to happen in the next decade at least), fax will remain a key business process. Maybe not growing as in industry, but still vital to the functioning of nearly all businesses.