IKE - Ike GPS.com

[KiwiGekko]

have been thinking about investing tech companies like IKE or GTK, GEO. any suggestions anyone?

I haven't looked at IKE in any great depth, so cannot really comment (and this is the IKE thread so sorry if my comments below are out of place).

But I do consider myself to have a pretty good understanding of GTK's business (and systems) and I don't consider their offering to be particularly ground-breaking, but they are established and do have paying clients. However the technology stack they use is dated and there aren't any plans to modernise this AFAIK. I understand this (and other things) to be causing a few issues with at least one of their more progressive customers opting to bring parts of their billing systems inhouse - a project that has been successful thus far and they are continuing to invest in this development. From my understanding their solution has been faster and more cost effective for them. This is a big warning sign IMHO & for that and many other reasons their SP would have to be massively undervalued for me to consider them.

I also have a good understanding of GEO and don't really have many positive things to say about their product or their track record so far - I believe they're currently looking for a CEO and burning through cash - until they prove themselves in what is a very competitive market (do a Google search for "job management software" and you'll see what I mean) or you fancy burning some cash I wouldn't entertain investing in this company either.

I've also had a few beers (which apparently makes me bearish on tech stocks!) so don't take my word for it DYOR etc.