As for being overvalued, I've read that in posts at $70, at $90, at $100, and at $128. Sellers are crazy to give this one up. Forget about the next three months, think about the next three years.
Glaser on CNBC:
"We're on an independent path, we have been for some time, we started the company a little over five years ago and I think that's the path we will be on for many years to come. The media delivery market is a huge multi-hundred billion dollar business and we're really in the very the early stages of that business."
"Our focus is on doing the greatest technology and providing the best services to consumers and the best content experience for delivering steaming media. And we have over 55 million unique users of our player, and in fact if you look around there are really only three companies that have as many copies of their client software out there, MSFT of course, AOL and their various products, and ourselves. So in terms of the company we keep we feel very good about it, we feel great about the opportunities and look forward to continuing to serve AOL, XCIT/ATHM, YHOO, as well as the traditional broadcasters as well as many, many independents from the standpoint of delivering the streaming technology they use and standpoint of providing services that make it easy for people to find what they want.
"We think we're building a terrific business.... we like the opportunity, we think there's a great business in front of us."
Thanks RG and team! Imagine the future.
Go Long & Prosper. DaYooper
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