Elwood: Let me put it another way. If it is true, then the maximum value per share, assuming maximum valuation of AV, would be about $2.0. So this would be the limit of the added value we would get from such a move. I realise that with internent stocks there is a lot of additional sizzle, which is transitory.
As for reasons, I have given at least two posts in which I detailed reasons and rudedog has also given reasons.
Again:
1. To prepare AV for a float would be time-consuming and expensive.
2. The maximum added value per share would be $2.00, some would say as little as 0.50 cents.
3. AV is more valuable to CPQ as an add-on, as a means of revenue from advertising, as a means of revenue from internet marketing, as a tool to compete against those boxmakers without a search engine, as a tool, to encourage partnerships, as a means of enhancing the direct sales channel.
Victor |
