CC,
thanks for letting us know about CDNX. Unfortunately, however, being a prince is not exactly a good thing. First off, we generally prefer gorilla games to royalty games because the lock of the market leader is stronger and longer-lasting. Second, within royalty games we prefer kings to princes, because at least kings can control their own destiny by executing well. Princes, even very impressive princes, live in a very uncertain environment; they can make money for investors, but we believe that other companies can usually make even more money with a higher degree of safety. Moreover, despite what has recently happened to GMST and QCOM, we are generally not interested in stocks trading in low single digits, reflective of a market cap and lack of pricing power far below our usual standards. But thanks for thinking of us,
and prosperous investing,
tekboy/Ares@Apolloforaday.org |
