Paperheart -
Thanks for the response. You have some interesting comments. When
you mentioned "monkeys", do you mean Aura's management, or Newcoms. I
realize Newcom (Sultan and Asif Khan) came to Aura for financing sometime in 1993 or 1994, but the company only had 2 Million in revenue. That's TYPICAL for a company to help another company in
financial trouble. It sounds like you have some good concerns, but
most companies, when spun-off, try to separate themself from their
parent. I myself, dislike Aura, and would like nothing better then
Newcoms independance. Do you like their product? If I could buy a
company with some brand name components, approx. 100 Million in
revenue, for only one million dollars, I would think it would be
a great buy for the money. Just because a company is on the verge of bankruptcy in 1993/4, doesn's mean the company doesn't have valid
products. The best idea requires money. Without money, the idea
is worthless. I agree with your R&D comment, but wonder, how much money they do spend on R&D? What do you mean about "simply the interactor three years later", and "the webpal is". It sounds like you don't have much hope for this company (management) or product. Is this because of a bad experience with Aura and Aura's management? I'm trying to understand where your knowledge about this company comes from. If you're so sure the company is heading for bankruptcy, are you selling short (maybe a good play???). Thanks for your comments. |
