Hi nd2 - except for PRISM, I think most of us are in agreement. While CDO may be better positioned in the incubator space b/c of diversification etc, like it or not, she is being thrown out with the bath water. Stock option is not restricted to CDO, obviously. And again, like it or not, insiders do have a better view. That said, while no outsider likes to see insider selling, it is a fact of life. The only thing us outsiders can do is to guess if it is reasonable --- even executives have mouths to feed --- or if rats are jumping ship.
I am hoping there is a S1 coming out with Venture tracking stock, then I will be able to have a better feel of the portfolio
With regard to PRISM, again, I differ from some of you. I do not think it is going to be sold unless the price is impossible to reject. Also, I think PRISM has a better competitive advantage than others DSL service suppliers. To say the least, a 1 day activation is a huge advantage since it addresses customer satisfaction. More, the cross marketing of bandwidth and DR/backup are a perfect synergy. Finally, PRISM service can be another venture driver. So, I think people miss the point thinking it is a stand alone division.
best, Bosco |
