Italy Is Too Big To Fail
The ECB shocked the markets last week by arguing it wasn’t in the business of “reducing spreads,” sending shockwaves through the eurozone. Events on the ground have moved so fast […]
Inseego Benefits From Increased Work From Home, But Suffers From Justified Risk Aversion
Inseego’s bright future driven by 5G prospects is hitting an investment environment in which investors have become very risk averse. Since the company isn’t cash flow-positive and has substantial debt, […]
Investing In A Minefield
Things are getting to get worse, likely to be a lot worse. The U.S. is now passed the containment phase. The next phase is limiting the spread which necessitates much […]
Stress In The Financial System
With the exception of US bank balance sheets, the financial system is all that much more robust than it was at the outset of the financial crisis, in our view. […]
Data I/O Runs Into Some More Headwinds, Just As Green Shoots Appeared
The company’s fourth quarter results came in better than expected and seem to indicate the worst of the downturn might be behind the company. However, the coronavirus outbreak is putting […]
Smith Micro: A Safe Haven Producing 65% Growth With 91% Gross Margins
Smith Micro’s SafePath is likely to benefit from the T-Mobile/Sprint merger, as it made a smart acquisition to increase its chances of becoming the preferred solution for both. It has […]
Unanswered Coronavirus Questions, Now Is Not The Time For Heroics
The good news is that the situation in China is improving albeit at exorbitant economic cost, and the virus spreads mostly through family. However, experiences from South Korea show that […]
Workday: A Market Leader Only For The Long Term
Workday is market-leading in cloud HCM software, with 45% of the Fortune 500 as clients. It has successfully expanded into financials, planning, and analytics, which keeps growth in the mid-20s, […]
Acceleration At EverQuote
Revenue growth accelerated, and the company has entered new verticals and opened up new quote request channels. There are no sign of a deterioration in quote request economics. In fact, […]
A Recession Is Looming
It seems reasonable to assume that the coronavirus outbreak is morphing into a global pandemic and that the US will not be spared from community spreading. This will compound the […]