EA, I also look at the new CEO's move as a positive sign from her. Though I would rather (understament of the year) GMGC had come through with the deals that I believe they strongly expected to occur this fall, for whatever reason or reasons they did not occur. Hopefully, the reasons are not those which would indicate non-acceptance of the service. Hopefully, they were more because of a lack of execution, market conditions, and/or timing.
If the latter is the case, then not only is her first move necessary and a good sign of her grit, but the reason for a change at the top would be validated. GMGC needs someone at the top who will get them to finish the job, not just keep starting new ones.
The technology is top notch. But they still need to sell its benefits to potential customers. It comes down to a cost/benefit analysis like most every other business decision. Most likely GMGC is the Mercedes of VUI. But most don't need a Mercedes, or can't afford one. They already have the Fortune 1 company tied up. Now they must find others. I assume they are re-evaluating their types of offerings. Even Mercedes has a C-Class and an E-Class to complement their S-Class.
This fall was extremely disappointing. GMGC squandered opportunities, imho. Obviously, not for the first time. I am willing to give Ms. Layton a chance to turn this into a "real" company as opposed to an R & D center, especially at $2 a share. Let's hope we get rewarded for our faith much like we did in the Fall of 1999 when GMGC first signed Onstar.
Seconds Out. |
