Mike,
IMHO we will not see any value on our level until one or two things happen;
We split up into two (2) separate companies, entertainment and education, and/or;
We prove the entertainment product has value.
On the latter, I think the fact that we are now entangled with Liberty/TCI on several levels, shows that we have the potential for great value.
It is very frustrating to watch this company's stock do so poorly, even in this market. IMHO, the upper management of this company will realize it's greatest fear and have this company bought out from under them for $3 - $5 a share if they don't start promoting themselves on an ongoing and regular basis, this is the problem as I see it.
Stay cool, if you think we have a good product to sell, stay in, we will win in spite of the present management. If you think we don't, get out. As I said, the next one won't be so easy to call, to move this stock from where we are now will take a major event, that might be the one that starts the stock moving in the right direction.
FMG |