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Technology Stocks : Lightbridge (LTBG)

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To: Bobo who wrote (45)9/18/1997 1:17:00 PM
From: Bruce D   of 202
 
One thing that is probably worth noting is that LTBG's fastest growing revenue stream comes from consulting. With its hooks already into so many carriers via its software, LTBG is in a wonderful position to provide high margin consulting services. And as the market becomes more competitive and high churn rates persist, more and more of these carriers will be looking for such services.

Also, LTBG's software and services would seem to be applicable to a greater audience that just PCS providers. Customer churn is a growing problem all over the world; churn comes hand-in-hand with increasing competition, regardless of the industry. Why not serve GSM/CDMA carriers, as well? For that matter, why not serve any call-center/service-oriented industry facing customer churn? LTBG obviously has to stay focused for now, but in the future, why shouldn't it be able to modify its current business model to branch out into other industries? Perhaps LTBG doesn't want people to understand the potential of its business. It's practically all alone in a money-making business -- maybe it wants to keep things that way for as long as it can.

Now I'm rambling. Anyway let me know what you think of my argument.

Best of luck,

Bruce
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