Thursday, October 1, 2009
The 13th fastest-growing tech company in Canada is
PNI Digital Media1, the company formerly known as PhotoChannel. And I own a few shares of it. How exciting. What would be more exciting is if it started consistently growing profits, and not just revenues. I'm on the fence between holding this one to see if Edelheit's latest predictions of exploding sequential growth in EBITDA come to pass, or selling it.
1"PNI Digital Media" -- those nine syllables don't exactly roll of the tongue, do they? They should have stuck with PhotoChannel, even if they are expanding into areas beyond digital photo processing. Burger King doesn't just sell burgers, but its management had the good sense to not change the chain's name to "BKI Fast Food".