Hello:
There's two ways to look at NINE... Here is one from a few posts
back:
I hope you realize that it is your two young friends from the NINE annual meeting, who watched S3 go from 10 to 15 in amazement. Frank we need you to explain to Doug DeShong that NINE truly does know what market thereafter, which is the high-end business professional market. Frank does it not make sense for NINE to look for a company like STB or NEOMAGIC which has the parts of the puzzle that NINE doesn't have and vice-versa. Frank how much money do you think they can earn from
this product and the one that is due out in six months? Please remind us how easy it is for a company which 5 million shares afloat to move up to a market cap of only one times its sales assuming they only do 50 to 60 million in sales this year. JR and I may be wrong but $3.50 per share seems a pretty cheap place to start. If you are aware of
other issues we are overlooking please point them out.
As you may note, I'm mentioned in there. I love Nine's product. I
wanted an Imagine card for years before I could afford one. My wife
& family all chipped in & I got one for Xmas last year. The point
I have repeatedly made is: A) NINE does relatively NO advertising
compared to their competitors. B) None of the big mail order houses
feature their product. IF it is listed, it's stuffed in a corner on
page 63 of a 75 page catalouge. (Look at recent PC ZONE catalouge).
The reply was stated above.
Now my new question is:"OK, so what the holy hades are they doing back out with the 330 card?! It is a low end consumer card, NOT the high
tech high end pro card "target" market referred to.
In a nutshell, IMO, NINE is the 20th century equivalent of Alfred
Kaantner. Nobody knows who he was. He died obscure & poor. While
going through his cold one room flat, a guy named Philo found something & said: "Hey, if I told people about this wonderful thing,
I might make a couple bucks." To this day, nobody knows of Kaantner,
but a lot of folks have heard of "Philco". <g>
Regards,
Doug |
