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DYE & DURHAM LTD.DYE & DURHAM LTD.DYE & DURHAM LTD.

DYE & DURHAM LTD.

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Dye and Durham Downward SpiralMaking acquisitions to artificially boost their numbers, their software has not improved in years. Their recently announced layoffs and "back to office" attitude will help them get costs under control, unfortunately their product will not improve and they will have to increasingly rely on sales tactics and lock-in, an Oracle-lite strategy where the current customers find it difficult to switch and stay with the product for 5-10 years while new customers are increasingly harder to find. They'll end up at $7, we've seen this story play out for other software companies where the product offering hardly improves and the customer pipeline slows down. Then they'll get bought out by a larger player, same strategy as DNDT but at a larger scale.
TSX:DNDShort
by electronicSnow83795