WITH THE CISCO PURCHASE OF CAIS..HOW DO YOU PEOPLE FEEL ABOUT THE FUTURE OF CAIS???
This stock has been a poor performer and I guess it is fitting that it finally ends with a small piece of good news. I will add the few Cisco shares I get from this to my other bunch. Anyone know what the conversion ratio is?Harrisc1
I think the future of CAIS is good. One correction, Cisco did not buy CAIS, they bought CAISOFT, a sub of CAIS. CAISOFT creates and integrates the software used in their installs. CAIS does not have a lot of competition out there and this service isn't going away. One of their main competitors, Darwin Networks, pulled out of the hospitality arena a couple of months ago. CAIS's financial targets are on track and they continue to get funding. As you may know, Microsoft is a big backer. I see this as a good time to buy more shares.
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