The Company designs, markets and services transaction automation systems that enable secure electronic payments among consumers, merchants and financial institutions.
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Has anything changed from the sales point of view? - NOAre they dropping their revenue? - NOCan economic downturn HIT them in anyways? - NODid company realize that they had bad accounting? YESAre they rectifying it? YESIndia & China and other countries are catching up on cashless transactions? - YESDidn't stock take a HIT when company announced bad accounting policy earlier? - YESAnother 18% discount yesterday was over-the-hill reaction? - YES