In terms of third rate Internuts, LOAX looks to be attempting a short squeeze. It is a small regional ISP/CLEC sporting a Market Cap 10 times the normal metric for other ISP/CLECs. Beartracker had an interesting article on it
financialweb.com
Although they may have answered the inexperienced management issue with their new appointment to the board of directors. This guy makes Franklin Chiang look like a rank amateur
biz.yahoo.com
Mr. Gilbert brings a wealth of knowledge and depth of experience beyond his success as an Internet entrepreneur. As an undergraduate in the late 60's, Mr. Gilbert pursued multiple majors in mathematics, economics and computer science settling into the development of an MIS Framework as his graduate thesis topic at MIT's Sloan School of Management (HE WENT TO UNIVERSITY)
During that period he worked extensively in the fledging field of entrepreneurial studies and helped form the Institute for New Enterprise Development (INED). (WHO KNOWS?? GREAT FOR A RESUME. SOUNDS IMPRESSIVE AND NOBODY HAS EVER HEARD OF IT TO REALISE IT IS A COUPLE OF GUYS DISCUSSING GET RICH QUICK SCHEMES AT THE PUB. ALSO WHAT DOES "HELPED FORM" MEAN?? HE HELPED WITH TRASH COLLECTION?)
Mr. Gilbert was instrumental in the development of the underlying structural foundation of various computer systems driving major corporations such as NCR, Iron Mountain, and Gettysburg Insurance. (HE WAS PART OF A TEAM OF COMPUTER PROGRAMMERS)
In fact, Mr. Gilbert's Library Archival System is still a mainstay for major research libraries such as Harvard, Cornell, Yale, and the University of South Carolina. (ONE OF THEIR COMPUTER PROGRAMS IS STILL OPERATIONAL)
As a resident of Maine, Mr. Gilbert successfully built its largest and most sophisticated Internet service. He was able to profitably provide low cost rural access in one of the most expensive Telco states in the US. (ACTUALLY RELEVANT, HE MAY HAVE SOME CREDITIALS!)
He uses terms such as synergy, affiliations, negotiation skills, economies of scale, and meeting commitments to explain his successes. (OOPS, SORRY, NO!) |