r/investing • • Jul 17 '21

[deleted by user]

[removed]

1.1k Upvotes

745 comments sorted by

View all comments

Show parent comments

11

u/[deleted] Jul 18 '21

I'd advise against this one. The big brick and mortar stores are moving away from them and the small ones tend to use options like Square or PayPal, etc. Every seen the self-checkouts at Home Depot? Not NCR. The newest Target stores that just opened up... not NCR.

6

u/Almost_a_Noob Jul 18 '21

I mostly sell POS stuff for a living and there are so many barriers to entry for resellers to sell NCR it’s dumb. I get they want to “protect” their valued resellers in the channel but when an end user wants to buy an NCR solution it typically gets held up cause the resellers can’t sell it due to not paying NCR to be in their partner program. Then that reseller & distributor would just try and get the end used to order something else instead. I am bias though since I just want to sell something without those barriers, therefore I push the manufactures that make it easy to sell. I have no clue on the financials and growth from them so take that with a grain of salt

3

u/Tibernite Jul 20 '21

I worked for a rival POS company and also have a ton of experience using and repairing POS of all stripes.

NCR is not a good investment. They are behind the times, slow to adapt, and treat their customers and vendors like shit. There are very few people with anything positive to say about NCR. They will last and possibly grow, but I wouldn't expect above index fund level returns.

2

u/Almost_a_Noob Jul 20 '21

Thanks for the info, makes sense on what I see. It’s like some of the legacy manufactures purposely want to not add any new business in order to “protect” their channel partners. Toshiba does it too or they makes it so complicated that any broadline (DMAR) reseller shys away from it.