Points
#1: "Keep your mind on the target of our voyage." Very well said, but just exactly what is that target specifically? If this target is not relayed in a communicative fashion to more than a handful, it does little good. The market hates uncertainty.
#2: "analist meetings and paid coverage could be kept to a minimum." They have done a pretty good job of that and continue to, and today we see the overall results in the stock price for the last 15 months in totality during the largest bull move ever in techs, and the relegation to netherworld status on the visibility scale. Would even $10-50,000 once in a while be considered minimum? Because lately there has been absolutely ZILCH spent on anything that we have proof of!
#3: "Remember that all companies now in a top position took at least five years to get there." AOL EBAY AMZN to name a few and most especially Yahoo would be surprised to hear that! Within a year after the Yahoo IPO they already had more coverage and name brand recognition than this has had for a few years and will have for the foreseeable future, and their revenue, page view and market cap numbers keep indicating them taking a larger and larger piece of the pie. Most market leaders in their embryonic stages do not quibble about minor costs of business that will be recouped many times over in the future like for instance even minor things like Technology conference appearances, large sign above the new HQ, and a whole host of creative things that could be done on the cheap. One salary of an engineer put towards just the above would be a great investment. GNET pays good salaries for creative minds to work for them, you would think that some of them could figure these things out a little better? Doing absolutely nothing is not cutting it any longer. Unless they are counting on keeping all their cash hordes to produce interest income to make earnings look good here. That best not be the case.
Pareto, if I read you right earlier, did you say you live in Chile? If so just out of curiosity what is your feel on the economic situation in that part of the world. Do you think there is a possibility of instability like the last time Alan G. was overzealous in rate increases prompting to some extent the Mexican peso problems and bailout, and the spillover to nations south? Chile is a very scenic country by the way. Regards |
