<<I have not even a shred of confidence in PSIX management or in them trading anywhere near $75/share($3.5-$4billion market cap????surely you jest.) not under this management it won't.>>
Curt,
In my opinion, in 2 years this company can do well over 300 million, in which case a conservative 10 PSR gets them to over 3 Billion market cap in 2 to 3 years. See, in 2 to 3 years, Bandwidth intensive applications like internet telephony, ATM based video, etc. will demand big pipes. This is the type of backbone that PSI is buildiing. It's like having a ferrari in the middle of the city stuck on a bunch of tight one way streets....it looks good and turns heads..but it can't do what it was designed to do until it gets out on the autobahn. In communications, the "autobahn" is still a little ways off...but fast approaching. As the old BTO song says: "You aint seen nothing yet!" PSI Net is just ahead of it's time. With the right partner(s) like IXC, or Quest or AT&T, etc....they are the future of Communications. I definitely believe that this company is worth WELL over $15...and shouldn't be simply bought, rolled up and sold by some consolidator like some backwoods savings and loan. Anyway, time is on our side, so have patience. As for Mr. Schrader's ego, I don't think it can be that huge, since the stock has done so poorly. But I think he's smart enough to know that his company's true value will rise to a huge premium over the next 2 years, as technology applications catch up. This is about revenue and share, not about earnings. The street has lost sight of this, but they'll wake up real soon, I suspect. Sounds good anyway. See ya..Tek. |
