Nothing to really forget. I believe NTN is not going beyond what ever restrictions you feel it has on it. INNN has not stepped forward to press its case, if it has one, nor has TCI, if it now own what techonlogy INNN wants had. NTN provides content to on-line services and that is not hospitality related!!! Like I said before, the cable companys and Baby bells do not have the technology in place to provide interactive anything, except in small areas of the USA. And if I am not mistaken, NTN does provide some contend to them now, like - COX's GTE Main Street in Carlsbad, CA and in a few other test areas. They are providing the content and not delivery anything directly to these homes. Does providing movies on demand step on INNN's techology????
I don't think so.
Right now NTN is still trading on a story and the prospects of future growth in earnings. You have to remember, NTN has had profitable qtrs in the past and for the year. Granted - Small one. Sometimes back to back qtrs. In the past, like you stated, the stock price went along for the ride with INNN's hopes and dreams. INNN provided in the home equipment. NTN never provided any type of equipment for the home. INNN has never made a dime in profits if I am not mistaken. Interactive TV is not going to be what the cable companys invisioned. So INNN and TCI can keep its technology and NTN will move forward to earn (hopefully) more profits as it grows its market.
I do not think I have asked this question before Dwight, but are you a shareholder or are you short the stock???? I guess others would like to know too.
You talk about technology, If I recall correctly, the reports the company files with the SEC states that the technology is off the shelf
technology. To me, that means anyone can use it if they choose to.
Anyone can jump in and correct me on any of the content of this post or prior post if I am misleading anyone in this stock or the "rosy scenario".
Jim |
