Craig, I hope so too. Re. the small company thing as per the satellite situation. What can I say. This is the internet. The globe.com goes to a billion market cap on its ipo and only has a million in sales as an ISP. Go figure. If you control the technology, you either use it or sell out. Makes sense to me that if the AST people feel it is real, they will happily take the 2.5 to 4 million shares on a ground floor deal, rather then sell out to a big boy.
Re the split, I personally would not have recommended them to do it, at least not so big a split at this time, but I have no influence nor was I asked my opinion. But my guess is that they wanted to increase the number of free trade shares in the float. I heard it was one of their institutional investors that suggested it, but I don't know for sure.
It is nice to see that you used NCT and Microsoft in the same sentence, but in the real world, I can't see how anyone can put a value at this time on this "cutting edge" technology. I believe they are doing the right thing by letting the market find its own level.
Art
By the way, as I said in my first post, I don't take the time to respond to alias's. So if anyone has a legitimate question, as you have and use at least what appears to be a legitimate name, I have no problem trying to respond. |
