Jul 16, 2015
RealPage Response
10yThank you for your post. The analysts are predicting and expecting the stock to rise beyond $20 a share this year, and with sound operational excellence it will. We have strung several strong quarters of performance in a row and it is up to all of us to perform to get the stock higher. While the value of the company continues to rise, we all would like to see the stock price follow suit. I can assure you that no one is lying to Wall Street, we give guidance, and then work hard to beat guidance. I do know that some very capable people up and down the organization do care about this company and in time the stock will rise. You have to step back and ask yourself what can I do each day to out perform the competition and be operationally excellent. I disagree that all the great leaders have left, your not seeing the commitment that I am seeing. Many of us came here that were not in the industry and were very successful in previous lives. I joined Freescale Semiconductor (6 billion in revenue) when it was left for dead in 2005, we turned it around, went IPO at $14 a share and sold it 2 years later for $40 a share. Daryl Rolley had a similar story at Ariba. I can assure you that we are all working to get the stock price up. Its not a question of if it will rise, it certainly is a question of when. I would't give up on this company. Another data point we should keep in mind is our main competitors do not offer public stock to their sales teams. The fact that we do and the stock has value to you that would seem to be a positive thing to consider. Also please remember that we just hired 6 top sales reps from our competitors in the last two months. Why, one of the reasons is they were able to gain stock. Sincerely, Kurt Twining
