Bald Man from Mars, I think long term NN has great potential; $ 40 by end of the year, $ 60 or more next year. Near term hard to say; Asia will come back in one month to haunt us again ( it ain't over ). I'll be happy if Nn gets to 27 - 28 near term ( 1 month ). This is all guesswork. However you have whole nations betting all their telephones on NN ( UK, Can,Germ,Fran, Switzer, Japan, Fin, NZ, on and on ), you got to wonder who's going to be next and what is the contract going to be worth. Remember that these countries become an installed base and they'll be ready to buy the next product from NN as soon as it's available. I hear that some local Bells have now applied from the feds for long distance approval to send data, and claim that that is not included in the recently passed Telecom bill ( which they claim pertains to voice only; interesting,
TA |
