Robert - Good post. It's unfortunate that the knowledge and insight that you demonstrate isn't yet shared by the investment community, and by our neighbours to the south - of whom you may be one. It'll be nice when Infowave becomes a "name" in wireless software.
The strategy of Infowave - to make their initial drive to the enterprise market, running MS software - is paying off. More, they are now leveraging that credibility and acceptance into other markets; I expect to see tightly focused efforts at programming into other wireless segments in future.
The way I read your post, the overall strategy is paying off handsomely, even with the occasional question mark ie., Bell/Vodafone, the IBM connection, etc.
I wonder what the marketing costs are for Infowave? I don't think they've missed any wireless conference or show of note in the last year - they're everywhere. The immediate costs are large, but the payoff will show up soon - and keep showing up.
All in all, a great investment - excellent software, good product design, strong marketing, a tight business plan, and an aggressive approach to the future.
No matter what the market does, in the near-term, I'm expecting a share price of $70 US by y/e 2000, especially as the plan becomes clearer to the investment community.
PS - a link to the Mobitex site - go to the parent directory, lots to check for - the maps, with BellSouth and CDPD coverage were interesting, remembering the Sierra Wireless connection...
mobitex.org |
