Push Technology still Dubious at Best
Steve, I enjoyed your post as I suspect there is much truth to it. Just beware of raw nerves being displayed here as people look for another scapegoat for WAVO's problems. The recent WAVX deal gives WAVO a much better chance of making their Push VBI system profitable, and is why I'm currently long. Ironically, just as the bandwidth is increasing, new version launch, and WAVX enveloped content testing, this is when J.J.Kramer has decided to strike against most internet stocks, with timing that imperils WAVO shareholders. Despite all the fire an brimstone, WAVO shareholders will get no satisfaction from Kramer unless CNBC themselves are pressured into his public apology. (a clever lawyer may find he benefitted indirectly with increased notiriety, but they won't be able to prove any stock trading benefit, I'm afraid) WAVO shareholders should be using their energy to educate the hundred of CEO's who want to appear on CNBC that they could be ambushed like Deeds was last week. If they boycotted CNBC for fear or such shabby treatment, or in solidarity with Deeds, then GE would get hurt enough to keep Kramer off, or force him to state some sort of retraction indicated that his attack was more of internet stocks in general, and he was wrong for making it sound against WAVO specifically. Ironically, Deeds is in a great position to call everyone on his rolidex for this purpose, as WAVO is suppose to have so many alliences with so many industry heavy hitters. It really would not help shareholder value much, but would at least fray many of the raw nerved Yahoo'ligans we've heard from so far. Let's hope the alledged Monday launch of the retail push gets some favorible critical acclaim, then having to read more Kramer bashing rhetoric this week... |
