In my view, if the story starts getting told again on this stock, a couple more MSO rollouts or trials are announced (TWX Tampa, Comcast, Alcatel, Excite@Home, Cox, Charter, Adelphia?), the VOD revenues keep increasing, the new PR firm does its job, the analysts stand by the firm as they have (or we get some new coverage as a result of the above), and the general market steadies, we should see north of $20 again before not too long.
Some may say "that's a lot to ask," but I think most of it is already in the cards for the next 3-6 months... (general market being the only true wild card) We don't need hype.
The technology still works, hasn't stopped. The deployments to date have been a success. The VOD business model is still a no-brainer. Nothing about the fundamentals is different from two months ago (except for perhaps things taking a bit longer than expected, but that's always the case). The stock has been way oversold, IMO, unjustly. |
