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Operated for a long time with very high expenses and effectively making no money. In an industry where growth rates have been pretty strong they plateaued for the last year while others did well. Feels the industry has been transitioning away from monitoring to managing traffic and linking them back in to offering certain services. Now offering a more full service and less of a commodity service. Seem to be getting back on track. A little early to get too excited. Have a lot of cash and a good balance sheet.
(Market Call Minute) Got some good operating momentum and he is looking at it for the long side.