Islander, what is to elaborate on? If you go from no subs, up to 10 subs,that is an astonishingly high percentage change. Its easy to report good percentage growth from a baseline of zero,and we all knew about that,why even bother to report it. Until they get to 1 million the number is useless,but I expect the 1 million mark shortly. As to the stock,the only thing that matters is how many shares are out there,and how many are going to be. I expect to see 130 million by next report,just on the number of shares increased,and not the outstanding shares,the price to sales was high. The increased the float over 500 million dollars just this quarter,and total revenues are going to be about 50 million this year. Just on the shares issued the p/sales is 10,pretty funny. A couple of years ago,I would not have bought anything over a p/sales of 10,and that is just on the newly issued shares.
That said,fiber optics will dominate for the forseable future,and all optical networking will be here very soon. As soon as infrastructure is built,we will have FTTC and someday in the next decade probably an optical node on the curb in front of your house. That is going to be about 300 million optical nodes in 10 years,lost of lasers.
Hiram |
