Humbly report, TENNET, I don't think you'll be surprised, but I'm far from getting on board.
Got a few problems with this "report".
If you take a look at PC Magazine's y2k Utilities page which I posted earlier, zdnet.com ,
you may note that the total combined downloads to-date number less than 1/2 of the 100,000 this "report" projects PINC may have monthly. Strikes me as just a tad on the optimistic side - considering some of those other utilities listed are free - even given the fact that PC y2k compliance efforts have not yet reached their peek.
Interesting also that once again PINC chose an obscure entity for this report, one that only has 10 other companies on which it puts out "reports." Anyone ever heard of the other 10? Not me.
Did you read the whole "report," instead of just the shortened version in the press release? I did, and the single most interesting sentence to me is this:
Perhaps the major threat to the Millennium Bug Compliance Kit's market share is the possibility that Y2K PC software becomes offered as a free download by internet service providers or others.
Very little doubt in my mind that this will not happen!
As I've said here many times before, my major problems with PINC, form the beginning, are what I call the "exageration" factor, the company it chooses to keep, and COMPETITION. In my mind this "report" eases none of them.
Many other interesting tidbits in the "report," such as:
Additional financing via sale of common stock (the financing vehicle used by Planet City to date) and further dilution of shares for compensation of executives of the company once it becomes profitable is expected.
I expect dilution much sooner than that!
No, I don't think I'll be rushing into PINC anytime soon.
Oh, and regarding #reply-6212648, that may cut it for you, but goes into the circular file at my place.
By the way, did you see the shuttle launch? Now that's SPECTACULAR!
All the best to ya!
Cheers,
Svejk
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