Maurice,
Beside Southwestern Bell, Pacific Bell in Northern California is also offering the similar deal, trying to push Caller ID. I notice, however, that the free machine Pac Bell offer is not CIDCO machine.
The point I was trying to state is that Caller ID industry is not growing as fast as projected. With high-tech stock, not growing as fast is like not growing at all, and that's why the stock has been doing so poorly. The second point is that since they are not in any other industry, any slowdown in the industry will have significant effect on revenue and income, as proved by recent slowdown in their earnings.
Of course, one can argue that they have decent an international present, but with the dollar being so high, and low acceptance in Caller ID even in the international front, all these factors are telling me that their slowdown is far from over.
-Edwin |
