I have been fascinated watching your posts over the prior year regarding ONSL and their business plan. No offense, but who died and made you an expert on their plans? You harp (correctly, I might add) on their need to double revenues without increasing expenses, just to break even, but make no comment on the possibility or liklihood of that actually happening. You comment on the margin rate, with no consideration of any action management might be taking to increase margins. You don't discuss what has caused the rapid increase in expenses, and whether such growth will continue in the future - could management actually be considering reducing some spending, thereby accelerating the break-even period? What is ONSL spending so much money on, and is it money well spent? Will more employees and equipment be needed to handle the growth? Will software innovation require continued massive expenditures for programmers and equipment?
These are all issues that would be dealt with in that mysterious business plan you have ridiculed. What are the answers? Without them, there is no basis for discussing the viability of the ONSL model. They were profitable at one time, and they could be again, depending on the answers to these (and I'm sure many other) questions. Let's see more analysis - we all need both positive and negative viewpoints to be knowledgeable investors. |
