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re: Where to put new Technology money?
Posted on 3/26/13 at 11:26 am to TigerDeBaiter
Posted on 3/26/13 at 11:26 am to TigerDeBaiter
the lawsuit with USAA is a huge albatross around their neck.
Currently they are locked into contracts that for the most part pay them peanuts.
long term check volume is declining so while mobile RDC is a great tool now it remains to be seen what the long term future is.
I'm not saying dont invest in MITK as I think they're an interesting company with a lot of potential but that is the bearish thesis and right now it is more concrete than the bullish thesis.
Currently they are locked into contracts that for the most part pay them peanuts.
long term check volume is declining so while mobile RDC is a great tool now it remains to be seen what the long term future is.
I'm not saying dont invest in MITK as I think they're an interesting company with a lot of potential but that is the bearish thesis and right now it is more concrete than the bullish thesis.
1
Posted on 3/26/13 at 9:41 pm to jso0003
Bump: would love to hear a different/opposing opinion.
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