Hi Clam,
I just bought some Lightbridge at $7. I have no clue why it dropped the way it did, particularly in light of their recent co-marketing agreement with HP. At any rate I like the story; reducing customer churn for wireless is absolutely key and the carriers know it. For HP to have decided to work with Lightbridge, the product must have promise.
Another driver for me was the Red Herring (April 1997, p.106):
"Our second pick, Lightbridge, peddles customer activation, acquisition, and retention services to telecommunications carriers--a perfect play given the brutal competition for customers in the imperfect wireless world order. The ongoing growth of its cellular-activation market share--currently at 25 percent--and its outright domination of the market for PCS activation should provide a solid backbone for future software and systems revenues."
Trading on this stock is light, to say the least, but I think the long-term potential is very good.
Of course, I'd like to get some info and opinions from other Silicon Investors.
Good luck! |
