Kudos for your evenness under fire, but what do you suggest ATHM do to be like AOL? They already have stated they are to be 'like AOL on steroids.' Steroids ain't honest, nor healthy for the long term, so maybe this is their problem they are modelling an immoral role. The only thing I could see that would help them is to have case come and work for them. <g>
For all of their initiatives and status, ATHM will be crapped on for two reasons (1) Management, (2) slow rollout. Say and then do according to what you say. WS likes this. Turn your back on this, with innumerable qualifications (read excuses) and WS says what Blodget said. As for rollout, did you see Mark H. from CNBC last week during the Chello interview? His very last two cents summed up our plight...to Bell...'well you might want to talk to the local cable companies and...' His comments expressed the frustration of millions who want BB but will be waiting a long time for it...if at all over twisted wire or HFC. Even at double current levels of installation, and double is what they MUST deliver to be honest, it will still be a very long time to be taken seriously, no matter what hype they keep spouting in press releases. Ever here of the chewie principle in economics? People will get angry and frustrated in direct proportion to the amount of time they have to wait for a service or purchase that they have to pay for. ATHM case in point. The stock price represents a lot of pupoa, read pent up pissed off attitude. [If this ever catches on remember to credit old Solid with this one]
You know what I wonder? Why didn't Bell demand the MSO's hookup a house to BB in order to get the extra stock warrants? That would be worth the cost. Just a pass? Who is still yanking who's chain...
Will they get there one day? Just as Malone said, who knows what new technologies may come along? We, as shareholders sure hope so. Hope is a poor substitute for understanding in finance. |
