Q: Hi there
There is constant IT security breaches and talk about IT security which is mostly what Absolute Software does. One would assume that spending by small and big firms is constantly going up in this area to ensure not security issues arise. I see ABT stock continues to drop to all time lows in this environment. Is this an issues with Absolute's product not being adopted by firms e.g. do they have a good product mix? Just wondering is this a stock you see will recover at some point in the next few years? Is it a possible takeover target?
Stuart
There is constant IT security breaches and talk about IT security which is mostly what Absolute Software does. One would assume that spending by small and big firms is constantly going up in this area to ensure not security issues arise. I see ABT stock continues to drop to all time lows in this environment. Is this an issues with Absolute's product not being adopted by firms e.g. do they have a good product mix? Just wondering is this a stock you see will recover at some point in the next few years? Is it a possible takeover target?
Stuart