I didn't get the chance to listen to the confercence call. But from what I can gather advertising revs for the Q totalled $1.8 million. Can anyone verify this figure? Isn't this 200% sequential growth if accurate? 91% eps, 200% Godzilla revenues, digital cable roll-out beginning to explode, 10 million U.S. homes by the end of the year (if TVGUIDE merger goes through) - anyone else heading to their storm shelters?
eBook potential is great, but very, very, speculative at this time. From a product adoption perspective eBooks have not even reached the early adopters stage, much less even close to reaching the Chasm. I think including them in the valuation model at this time is premature, but we shall see how the next two to three years go. It is not even certain if eBooks will become the preferred reading platform. What about Internet tablets? But the potential is there, GMST and Thomson are first movers, and perhaps a fire can be created to create a critical mass relatively quickly with eBooks. We shall have to see.
Until then, it seems like our vision for GMST is at the nascent stage of fulfilling itself with the EPG and IPG. Certainly an extraordinary Q and I expect this is just the beginning of things to come. If Yahoo! is any guide, the ramp-up, once critical mass is reached, will be HUGE! It may come back to haunt me, but as a LTBH of GMST, the stock price crash has been a god-send as I've been able to buy more each time GMST has hit 40 (more times than I like to remember), and bought more at $34 or $36 yesterday at the open (Whatever it opened at - never thought it fall back this far). So now I've bought from the teens, up to $104 and down again to $36. What a frustrating experience! But I think our patience is beginning to pay-off as the company hits on all cylinders.
Tinker |
