Softchoice was recently profiled here. What has happened since then? Nothing material. The latest quarter was reported and there was a drop in profit, mostly due to forex charges. Softchoice had top line growth of 15%. The balance sheet remains strong, and ROIC is still high. I think there is some fear/uncertainty with the Microsoft enterprise agreements that are changing in late 2011. There are some extra expenses on Softchoice's part to prepare for the change. I don't think it is anything that management can't handle.
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Softchoice Update
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Softchoice was recently profiled here. What has happened since then? Nothing material. The latest quarter was reported and there was a drop in profit, mostly due to forex charges. Softchoice had top line growth of 15%. The balance sheet remains strong, and ROIC is still high. I think there is some fear/uncertainty with the Microsoft enterprise agreements that are changing in late 2011. There are some extra expenses on Softchoice's part to prepare for the change. I don't think it is anything that management can't handle.