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Pax Americana's  Instablog

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
  • Digital River...Renaissance? 1 comment
    Jun 28, 2009 06:10 PM | about stocks: DRIV

    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

     

     

     

     

                                                   

      

     

     

     

                                                                                   

    Stocks: DRIV
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