Pluvia has some good arguments, some truly excellent points, that any investor needs to consider.
The problem I have with Pluvia, here and on other stock boards on which he posts, is that he is so egotistical and personally obnoxious....
<So that you know, my ATI short position, (puts), is up about 20% from my entry point, and my total portfolio is now up over 300% this year. How's your portfolio performing?
Dave I find people that spew anger like you do generally do it out of a deep seated insecurity over their stock position, or just basic deep seated behavioral problem. Regardless of which it is for you, I hope you get some help working it out.>
....that I can't tolerate reading his posts. (That's MY reaction and MY problem.)
Now as to Pluvia's contention that in third-world countries, ATI's product is 'a luxury, first to be disposed of when money is tight', that statement is 180 degrees from reality. A third-world country's three greatest infrastructure needs are transportation, communication, and education. Transportation is largely finished. There are at least passable trails to get you wherever you need to go. Education is labor-intensive first, but most industrial nations have volunteer programs that place teachers in the country with minimal cost to the developing nation.
Communication is where the focus of today's action is! Compare the cost of a few strategically located satellite dish antennas and relay stations around even the smallest settlement versus the thousands of miles of phone cables needed just ten years ago! The international development agencies that fund this know that ATI's product is the best thing that ever happened to complete a crucial infrastructure.
Wireless phones in third-world nations are NOT a luxury. They are the only thing going. Anyone who could afford a phone in good economic times will hang onto it with dear life when times get tough. They'll no more dispose of their ATI phone than they will give up their television set. Even with 'tight money', this is a fact of life. |
