Long time beat-down stock, recent results were somewhat of an improvement (although only in comparison to last year with some one-off charges).

earnings was a mild beat, driven probably by cost-cutting. No guidance to sales growth, but new CEO starting October 1 - new direction, or moving deck-chairs on the titanic?

The business model has an attractive element: a very small but crucial system for large global firms too busy to look elsewhere for savings. At a current PE of about 3-4, its an infrastructure firm that makes tech. But if new CEO has a vision to turn this back into a tech firm, based on recent solid performance then the turnaround might have already begun.

one to watch with a very skeptical eye