Not blind, Pruguy.
BCST is a muscular company. Wagner made a strong presentation at PaineWebber conference this week (got a rundown).
Think the reason we haven't seen so many press releases lately is that the deals are now larger, and require more time and finesse to negotiate. In particular, we're looking for announcements in the hospitality and automotive industries this quarter, as suggested at the last BCST conference call. Nasdaq-100 CCs should commence next month. Lots of initiatives underway at SimpleNet and Net RoadShow deal just closed. And don't forget Japan (with YHOO and Softbank).
As I've said before, we must reflect on the implications of the abrupt end of independent, flat portals. SEEK, NSCP, XCIT, LCOS and GNET are now consolidated. This is a manifestly important chapter in the evolution of the Net. It happened so fast that, if you blinked, you missed it. All of a sudden, it's on to the next plateau: multimedia and broadband. Along these lines, the quarter has already brought CMGI out of the closet with $100mm+ (Magnitude Network) and NBC has just staked its claim with Cyclone (as part of the federation including CNET, Snap! and ITVU). So who's still on the dance card? BCST and RNWK.
There are many, many players who want in the game (including telcos, old media, Net consolidators and VCs like Paul Allen, not to mention MSFT), and few ponies to ride. My advice: get up early on Mondays.
Blind confidence? Nah, the writing's on the wall...
BAM |
