Thanks for the summary, Solid.
Stated that profitability will not happen until ‘about mid 2001.’ [So much for recent financial officer statements about possibly Q4 ebitda +]
If ATHM ends the year with 3 million subscribers they should reach profitably by Q1 of 2001, unless their Sales and Marketing expenses rise significantly. Does anyone know if the low introductory rates for new users is written down as Sales and Marketing expenses?
‘Some selected outlets’ by Christmas of this year. DOCSIS modems with a CD that user can install…
Said the same thing last year.
BUT still WILL require a truck roll to run the cable line into the house and actually hook it up. [Assume ingress/egress filter issues ARE real]
Now he backpedals over the self-install process. Clearly, he misspoke at the last CC. I doubt he knew the difference between installing the modem and software, and running a new coax line (just one big black box to this guy).
I wonder which is the bigger problem, common path distortion or ingress?
Trying to shift offices to Seattle Austin[or Houston?], etc., where labor shortage with high tech engineers is not acute as in S valley.
I would suggest Reno. Cost of living is cheap, taxes are cheap, 35 minutes to Tahoe, and #1 for most golfable days per year.
Said start-ups and prospect of IPO gold mine options have been fading of late but was a drain.
Well, ATHM's 85% decline certainly contributed to that. |
