true, my comment was limited to ibm, and my previous post tried to outline the different areas of competition.
every company must compete, netp happens to be at a stage in its life cycle where it is a 'custom' product that needs a lot of labour to implement...but not enough have been implemented to build the ability to deliver on the sales pipe, so the competition gets considered
it is a fundamental concern, but not unusual...on the other hand, the expectations in the stock price and direction are high
the competition and delivery cycle imply risk
the stock price implies premium
it appears as a contradiction to me, normally premiums are associated with expectations of reward
so then i ask myself, who gets rewarded?
VC's, MM's, Founders...i've said this before, but at the risk of boring some on the thread, once revenues rise and delivery cycles shrink then the premium is undertandable
until that time, i vote for the folks that recommend buying...or at least the ones that have shares to sell subsequent to the suggestion
all imho
ynot :) |
