Hi Juanita,
if you were my mother, my taxes would always be done on time and I'd never get lost on the metro in Montreal. All aboard for Pie IX!
All investments should go through the Market, Product, Team analysis.
What is the Market for this company?
I think this thread has discussed all the different markets avail. and soon to be discovered for encryption technology. Really only two ways to use the products - hardware and software applications. I won't bother to repeat all the uses, cell phones, laptops, e-mail, etc., but will assume that JAWS(Z) has a huge market to tap into. And one that's growing at an exponential rate. Our market is equal to the amount of information being transferred.
What is the Product?
"L5" 4096 bit encryption. Is it necessary? Is 128 bit good enough? Does it work?
Yes, it's necessary. 56 bit was good enough until it was broken, 128 bit, the same. There is a technology curve that we must stay ahead of. The joke in the office is that we only need to stay ahead of the computing power of ten 14 year-olds who string together their super-powered mega-giga pentium computers. We just have to stay ahead of the computing power of whomever is trying to bust in. So 4096 may not be required yet. BUT IT WILL BE. Does it work? $5 million says so. (still working out insurance details, will announce contest and terms asap)
What is the Team?
We've all heard that we should bet on management. Even the bestest widgets stay in the garage unless a great salesman gets along with the mad scientist. Because I know the management personally, I say they're great, but you'll have to check the bios on the website and follow their work as we issue press releases and the company moves ahead.
That's how I judge all my investments. Market, Product, Team. I've been burned by putting money into companies with wonderful tech, great markets and no mgmt.
You must keep in mind, however, that all public companies really run two businesses - their widgets and their corp. finance/public markets (or, more simply, their stock). Prior to going public by RTO, this company had been funded by private investors and management. Now that we're public, it's in our best interest to make the stock side of the business perform as well. If we keep the investors happy, we can raise more money from the investment community at higher and higher prices (less and less dilution) to continue to grow the company and develop new products and sales, etc.
I imagine that some of you would like a "rocket ride" on the stock price in order to sell at huge profits. Got to be honest with you, that's not my goal. That would leave us high and dry, and feeling a little bit used. Our goal is the growth and maintenance of a solid, long-term company, and a matching stock price. We fear the "spike" in the stock price. It's a lousy battle to fight. Been there, done that. I'd much prefer that the original investors and the mgmt team get a real reward for their work. Rob Kubbernus has done a great job putting the company together and running it. Jim Morrison has built some rather brilliant software and still has more tricks in his bag. No offense, but investors can get on and off whenever they want with no responsibility and complete anonymity. We have our names on this piece of work.
No more philosophizing. But that's what I have told my mother.
I hope my first post doesn't get me booted off the thread. It's been a pleasure chatting with you. Call me anytime 1(888)301-JAWS.
Bruins, Red Wings, Devils? Canucks RULE!!!
I've got $5 that says the 61 home run record falls this year. Expansion year, diluted pitching, hitters parks all over, El Nino??? |
