Good evening
Yes the market, eventually, does demand results. I have reviewed this
thread as well as the stock for several months now. I admire your
enthusiasm for predicting $25 to $30 a share, however, I tend to
take a more conservative stance when evaluating a stock. I like the
area that PUMA is in, not to mention the lack of competition, however
it is that lack of that bothers me. This is such a small company, that
someone with muscle and a similar product, could come along and kick
their doors in. I hope that they are far enough along to prevent
this, meaning that they are working on third generation product, while
someone else maybe just beginning. I know they have great ties with
O.E.M.'s and are starting to get good distribution, the recent
hiring of Jonathan Perr and Tom Hunt bode very well indeed. I have a
fear of Microsoft coming along with something similar and giving it
away for free, just to sell their CE OS, I have seen this before with
NETM. They had the TCP-IP protocol and Microsoft basically raped them
by giving it away to sell OS. So barring something awful like that,
I will venture a guess of $11 to $12 a share in two years. They should
earn .50 to .55 a share by Y2K, if all goes well, and that looks
very good to me. I might start a position tomorrow, overall I like
their chances.
Best Wishes
Henry |
