Retired Engineer, living on a Fixed Income, with 4 grown up kids. Having, more time on my hands I devote many hours, each day on financial Sites such as Seeking Alpha, and others. I hope to start blogging on the Instablog , when I have more confidence, in the subject matter. Intent on... More
DRIV the company brought to market in 1986 by its current ceo Joel Ronning has grown by an average CAGR of 48% and specializes in e-commerce online software publisher as well as e-commerce marketing the company famous inhouse motto is Complexity is our Friend , often used by ceo and founder Joel Ronning when adressing rhe troops.DRIV has aquired numerous small companys since its Inception and has increased capex comensurate with its developing Global footprint. The company is Strategically shifting to a greater emphasis on the Consumer Electronics portion of its buisness. the reasoning behind this repositionment is the much higher margins and larger market for CE. The company has won many new clients in the past few Quarters presumeably for recessionary cost saving by out-sourcing to companys like Digital River. The company beat estimates in the Q1 by a fair margin. In my opinion this company will do very well, as we entertain a hopefull, uplift in the economy,and will grow exponentially in the next 5 years.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha
community. Instablog posts are not selected, edited or screened by Seeking Alpha editors,
in contrast to contributors' articles.
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.
Digital River...Renaissance? 1 comment
DRIV the company brought to market in 1986 by its current ceo Joel Ronning has grown by an average CAGR of 48% and specializes in e-commerce online software publisher as well as e-commerce marketing the company famous inhouse motto is Complexity is our Friend , often used by ceo and founder Joel Ronning when adressing rhe troops.DRIV has aquired numerous small companys since its Inception and has increased capex comensurate with its developing Global footprint. The company is Strategically shifting to a greater emphasis on the Consumer Electronics portion of its buisness. the reasoning behind this repositionment is the much higher margins and larger market for CE. The company has won many new clients in the past few Quarters presumeably for recessionary cost saving by out-sourcing to companys like Digital River. The company beat estimates in the Q1 by a fair margin. In my opinion this company will do very well, as we entertain a hopefull, uplift in the economy,and will grow exponentially in the next 5 years.
Have no position in DRIV
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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