Good Post STK1. We (the longs) have to wait till FNET makes 10 mill rev.and IPOs. Thats when FCM really takes off. This company is slowly getting there. Given that there is a large Market (62 billion by 2010) and all major Telcos are vying to get in (eg. ATT, CISCO, Lucent etc.,) the direction seems to be clearly spelled. Even a 1% share of the 62Bill market share should propel the stock of this company into a very rewarding levels for the long termers (plus 1:1 FNET stock???), who can stomach the rough tides. For, I believe in the technology,the market and a stock holder oriented management. Thats my opinion! I am sure there are plenty of others who don't agree with this or who like to make a short term profit out of this stock and i am not interested in their responses. I am doing my DD of this company, its technology, its patents, the market size and direction, and its competitors. So far IMO nothing changed to believe that this company will not make out to be a NExt Gen Telco. The public perception, about IP telephony and the recent IPO prices for companies with no revenues are clearly telling us about the emerging sector and investor interest. IMO this stock is a best play for those who want to play long.
What is best time than now for us to secure a position (At $2.50) and wait till the company and the sector matures.The naysayers can take a look at Cisco, in its early years! to make their decision.
Gunther. |
