Had a long conversation today with those in the know.
I promise I will write about it more later, short of it...
Questec is doing astonishingly fine for a company that is thought to be in trouble. We are not in trouble folks, actually the rest of the sports world is, why you ask? Well this little company Questec is here to stay and will survive this mass suicide of companies jumping off cliffs and collapse chart syndrome. (Examples, WCOM, EXDS, IATV) the list goes on and friggin on!
IATV will always say they were not beaten out by Questec, but is sure as shItt looks this way to me, as IATV never made a dime in profits and Questec has!
Questec has transformed to a rock solid data and content provider from a eReplays type of though. Now I doubt eReplays.com is going away, but this is not our focus. Our focus is content and digital media in relation to sports, but let me call it entertainment. Why? Questec is spending a lot of time on Baseball; it made us a growth company with much more potential than any of you can see through your 911 glasses.
Questec is going to make it! Questec is a content company, remember, this is not a eReplays anymore. eReplays will be a piece but not the focus.
Major League Baseball is a serious association, their work with Questec is a carefully played game; merging technology with sports and old "Under the Tree" "Country Club" type conversations is what happens at these levels.
The Major League Baseball Association is smarter then to pop out press releases about how they will use high technology to call strikes, get real! Major League Baseball will make constructed well planned out decisions and keep them in the "Country Club". Please understand my use of "Country Club" this is what spins the world, I have been to many of them. I use to handle the guests at Sherwood country Club in Thousand Oaks California. I spent a lot of time watching over Wayne Gretsky and his buddy Messier and even spent time with all the golf bigwigs. The Shark Shootout ring any bells? anyway....
MLB and Questec are not going to make a bid P.R. campaign about this, end of story on this issue.
So in short we are setting up to be a content, digital content, statistics etc type of company. Not an internet lookey feeley type of setup.
My opinion, at this price .04-.10 we are seriously undervalued, I know I have said this before but I also did not predict 911 did you? Questec will grow and we are breaking even already, a bit more and we will begin moving higher. Whether you like it or not increases in earnings and growth will print on market-wide reporting systems of earnings statements and others will be buyers of Questec stock. You want them to notice at .05 a share and go long and make a fortune or are you going to watch, attend some games, keep the faith and go long, maybe even but some more?
I will tell you what I will be doing but this is for you to figure out. (Wink)
Bruce Cullen My E-mail address in on my profile here on Raging Bull, feel free to contact me any time folks! For those who want to find me, do a search on www.google.com under Questec and include My name and Questec in the search.
P.S. I will be seeing the UIS (Umpire Information System) system first hand at a time near in the future. |