Aspentech – “Beware of How AZPN Books Software Revenue”
Pros
It pays the bills until I get a better job when the economy recovers.
AZPN makes take furloughs without pay which means I can spend more time with my family.
We get free coffee.
I can ride my bike to work in the summer.
We get free bus fare to reduce global warming.
We get free soft drinks.
Cons
Company can not report earnings in a timely manner.
Senior management is clueless about how the oil and gas industry works.
AZPN senior management post messages to Yahoo chat boards on howe great of a company AZPN which contain false information.
The way AZPN books software revenue is like a ponzi scheme.
Our CEO soends too much time at his son's hockey games.
Advice to Senior Management
Focus on Aspen customers instead of Advent who owns over 50% of AZPN shares.