John,
For some unknown reason,i sold a long position yesterday for a small profit, today I Merely watched, as i read the news. I think some good points have been made today in regards to the future of this company here on SI, however some other things still loom.
IMO the market doesn't care about cash flow positive, they are looking for " sustained growth " and future earnings, having said that, the declines represented in today's report were not what i wanted to see with this company, and evidentally lots of people agree.
Yes People might have had to wait for the newer model but to tell you the truth, i was hoping to see some indication that the recently launched advertising program was doing some good, considering it is giving the company National exposure and costing money to the bottom line aswell.
I dont see any benefit at this point, where would subscriber numbers be if we didnt' have the ads ??? or the new phones !! If they are so great i would think people would be flocking to the new phones and service and a backlog would be in place.
Just some thoughts on the company
GO NRAG MBA
PS Why did NXTL do the Brazil venture anyways, The US isn't finished. It reminds of the guy who wears his glasses on his head and walks around all day asking if anyone has seen his glass's |
