Hi Don,
I've yet to see any quotes from analysts, and I'd venture to guess that the existing 'strong buy' recommendations come from underwriters. So I'll keep my eyes open for any new coverage. I work for a telecommunications consulting firm, and I know that customer churn in the U.S. wireless sector is a huge problem (and a very costly one). I also know that customer churn rates for wireless services in most other countries are on the rise (it's that competition thing, ya' know). Apparently, LTBG has numerous customer commitments already (so sound revenues should be guaranteed for this year), and there are many, many potential customers around the world. Also, as far as I know LTBG offers a unique product; and it has enlisted the marketing power of Hewlett-Packard, to boot.
I also like the fact that this company has received no hype yet (except from the Red Herring, which I see as a good thing), is in the black, and seems to have bottomed out.
The downside is that volume is paper-thin, small caps are currently "out", and that we will probably have to sit and wait for a while before anything "big" happens.
Anyway, if I learn anything else, I'll post it here. Let's try to post some info once a week though so that LTBG stays on the SI active list- I think it deserves to. We'll see. |
