You know I rarely post these days.And with the stress of the stock price effecting many I hesitate again.However the appointment of Peter spurred me to post.To most on this board and lurkers it doesnt mean much. I joked to rb that it would probably send us up 1/32 thats .03 cents and some change.ggg To me its huge and here's why.I met the man and he is superb.An executive that has written his own ticket and could be with many large corps. in a secure highly paid job.Just ask yourself through all the frustration why he would leave a perfectly good job and come to this under 3 dollar piece of junk.Temporary insanity,charity,ignorance?I think not remember hes on the board and knows all.Would you have made the same decision.I know this isnt what bb stock moves are made of. They are usually bs announcements full of promise and short on details and follow through. Thats what you folks get excited about. But I can tell you this is the kind of news that has meaning and sticks.The fnet management team(world class)is deploying the network around our new switch,revenues coming soon hopefully this summer,award winning hardware being sold right now in quantity with product enhancements coming this month leading to even greater sales. A plan, you got to be kidding. What the hell do you think a year of step by step development of the dvg was about,the tooth fairy.What do you think the network deployment is about a dream? Well I understand some remarks are made in frustration.So let me play Niles Crane a bit(cant stand his brother,no plan).What you have here is a company that has built and attracted first class management and invented,developed and produced award winning technology first in this quality.Want the big boys dvg,sorry next spring still being beta tested.It is very possible that with increased hardware sales and service revenues that we could achieve 3-5 million months in the sept.-oct time frame.Could be higher but just dont know what the fnet revs. may be until they announce signed contracts.But one thing we may have is multi-million dollar months in hardware if we keep going up.Did I mention usual margins in this industry, better not ,it could move the stock.ggg I ll save that for another time.But at one times annualized sales by possibly sept.dont think it will be here.But thats for you traders to figure out. After what do I know about the market,I am not by self admission a cleaver trader,just a crazy investor. |