Hi all, its good to be in.
Got in last week at 166, then found myself in a free fall on monday.
Agree with all projections, just imagine long term, 2-5 years.
Management should follow an aggressive growth strategy, get mainstream and add value to the portal. SI should broaden to all stocks traded and not only focus on tech. GE and WMT have very thin treads. They better hand out some more free lifetime subscriptions to become the real dominant player. Then they should think now about becoming the global message board. Getting into the major stock markets. In three years, trading will be global. So better follow AOL, YHOO and EGRP into those other markets.
The message board technology can be used in many more types of applications. Imagine to use message boards within corporate intranets. Link staff globally to subject based threads. It could also be used for account management. One thread for each client or supplier. Most of you will be familiar with current systems and they normally fall apart after a couple of months. The message board technology can obtain the same position as e-mail. How often you check the bookmark page? Imagine to have it not only with stock info, but with all your issues. JMHO.wav
One question, what do you make of the following part of their press release:
Net loss for the quarter after the one-time, non-cash preferred stock dividend and other non-cash charges was $(51,788,974) or $(4.07) per share basic and diluted
Common shareholders pay a dividend to preferred holders?
But again, I'm in and will stay in for a couple of years.
Regards,
Pareto |
