Doc, you raise some important and relevant issues.
First, I think it's important to realize here that this is still an emerging technology... so the technical aspects of the stock price reveal the fundamental processes by and large.
I believe that these emerging conceptual issues move primarily based upon insider buying and selling. When I say insider, I don't just mean company officers, but institutions who are involved in the interrelated buying and selling of the stock. No stock like this is going to hold any gains unless insider buying is behind the scenes...
and insider buying and holding is indicative of the strength of the intermediate to long term fundamentals of the underlying business concept.
Also, you know how strongly I feel about market direction being conducive to individual issue price direction. The two are directly related no doubt.
I've posted here previously in regards to the business similarities and differences per the NUAN/GMGC relationship around the time that NUAN came onboard with ONSTAR. You make a great point about focusing on business services offered by specific companies in this particular sector.
Nuan derives a decent portion of revenue through licensing their software, but they also spend alot of money in marketing. I believe that the place to find the answers to your questions can be found in the quarterly and annual balance sheets and related reports. It's been a while since I dug through that stuff since I've pared back my position, but it really is the real deal. It's time to get back to work. Web sites and annual reports are great places to get timelines and links, and basic outlines of business plans, but I believe they are mostly a lot of fluff, designed to tell the reader what they want to hear.
The bottom line is that nothing compares to a thorough tearing down of financial reports to see what's happening where. This reveals to me anyway the true direction of the company's plan.
Compare and contrast. General Magic has always been the leader in quality of product, I think that this is still evidenced by the recent GM agreement. Remember though, GM has everything to gain by hyping and supporting their partner >>> General Magic, who I think they might have over a barrel just a little.<g>
I've got to believe since Markman and Lange are gone, the company is obvoiusly going with what they've got. They certainly aren't buying any new technology...which raises another important issue... who will be picking up LHSP's market share?
As an "emerging" technology, it's important to place company specific IT spending in the evolving market context...that being one of reduced IT spending.
How valuable and cost effective are VUI services now that major corporations are cutting costs? How will these cutbacks effect potential revenues for emerging technology companies? In an environment of increased layoffs, do "virtual advisors" offer cost effective solutions to call routing and service?
Thanks for offering some thought provoking stuff. You've piqued my interest...again. I'm sure some of the other folks here are more informed, and have some valuable insight to offer. I hope they are able to step up and meet your challenge.
Thanks for raising the bar again.
Best,
JM |
