Robert - Again, great post. As good as the picture is for Infowave, they are not operating in a vacuum - many companies are driving hard to similar goals. More important, I think this MS/Ericsson deal gives the lie to those who feel that Infowave has some special status with Microsoft. I have never believed this - the wireless business is incestuous, and yesterday's spurned suitor is tomorrow's lover, if the profits are good enough.
Business is business.
On the question of IW/XTND valuation -
siliconinvestor.com
We seem to be close on the CDMA thing, though perhaps we approach it from different perspectives. We know that it's "in the works". Looking at a possible timeline for Infowave's actions, I'm speculating on one or two more big announcements, culminating in the fourth quarter/YE AGM, around which time the NASDAQ announcement might be issued.
However, post-listing on NASDAQ, I'm guessing that Infowave will need an announcement to catch US attention, and I'm guessing that is when we'll hear the CDMA news.
With respect to the success of Infowave versus its competitors, I'm guessing that it will come down to a numbers (ie., EPS/market share) game. The results of that contest will roll in over 2001, 2002, 2003 - bearing in mind that many aspects of wireless implementation are still in relative infancy, with standards still in evolution, and many planned buildouts/extensions not even started yet.
Certainly Infowave for the Net looks hot, especially in the context of ASP-driven markets.
But overall, and again I'm just thinking out loud, I try to put myself in the place of the user, when I try to envision how this scenario will play out.
What will I want? Probably great software, that is readily available (thru ASP or accompanying the device), that is easy to use, and transparent to the user.
This is an area in which Infowave excels, in terms of product design.
Finally, I might add that the private placement by Infowave last year was subscribed in these percentages - 40% European, 40% Canadian, and 20% American - and I've often wondered which European interests bought into Infowave's story. The real point, however, is that Infowave is showing early strength and direction in the European market - and that market will precede the US as a platform for wireless revenues.
Anyway, sorry for the long post. Hope my ramblings haven't bored everyone. For Infowave - Competition? Yes.
Defeat? No way.
PS - The XTND product looks very good - sort of a wireless Swiss Army knife. I wonder how well, and easily it'll work? |
