Metsin, it is very simple, here the company has a market cap of $500 MM or so, with a potential market three four years out that is probably in the multibillions, particularly if they start selling content, not just advertising. I understand that their streaming video is the best (it is the best I have seen), they have deep pocket supporters, and right now, I would say some 30 months of cash on hand to survive until the population of users having broadband expands to provide cash and possibly positive cash flow. Technically, the powers to be buy at around $17 to $20 (and sell just above $30), so I am playing the range, the shares I buy now are already "free" since it is my third trip.
Zeev |
