RMII has a market cap of about $50 million! The average market cap in the ISP world is 2.1 Billion dollars! Look at AOL, ELNK, INSP, AWRE, MSPG, CNCX, PCNTF, PSIX, ATHM. They all have market caps in the excess of $2 Billion or more.
Now look at RMII, GEEK, and FLAS. These are the 3 smaller players that are aggressively getting national attention. The largest market cap among these 3 belongs to FLAS with a market cap of a little over $600 million followed by GEEK with a market cap of about $200 million. RMII has a market cap of only $150 million (perhaps the cheapest - if not the cheapest - ISP around).
With RMII's aggressive take over strategy the company will be growing beyond our wildest imaginations. What they need is to change their name to reflect their national presence. Does anyone know if they are still planning to change their idiotic name to something that is more reflective of their new business presence and strategy?
Regards,
Addi Jamshidi |
