Ahem. Bob Notes That Mattersight’s Annual Confab Is… Dead Stick.

Do check the comments to the last post for the rest of Bob’s acidic but perfectly accurate take. I want to highlight one of his dot points here: he’s right — it seems the annual confab is dead.

I think that comment is spot-on; and…

I think the dramatic drop in marketing expense this quarter is… likely driven by the killing off of the very same annual conference. That will negatively impact future quarters’ revenue, if we are to believe Mr. Conway’s long-chanted mantra that building the relationships and pipeline at this confab was mission critical.

I guess it really. wasn’t. And after reviewing the call transcript, there really wasn’t any additional positive (and reasonably believable) gloss there.

Oh. well. Do be careful out there, as Q4 2014 is nearly half over already. Will the company experience a Christmas miracle at the sales line?

I think not.

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