Did anyone noticed how nervous and really concerned Huff was when Bob Jones was talking on the stratellite progress?
His body language was telling me he wanted to make sure Bob would not tell the "real progress" on the Stratellite. I believe we will never see it fly, for sure not in 2006.
Huff also said GTE didn't need to ramp-up for production; that companies were coming to us...this statement alone tells me a lot about the current state of affairs. First to market is huge!! It must be marketed very heavily and on a grand scale and absolutely ramp-up for production. Failing to do so will result in ultimate failure.
I also find the "fact" of 38,000 investors a bit unbelievable, do the math, he said 65% of shares are not traded, he probably means that 51% are in management's hands and the othr 14% could be institutions or preferred. So the 35% traded
amount to a mere 35 to 40 millions. Now divide this by 38,000 and also subtract shares just held here on this board. This translates to merely a few hundred shares per investor or $ 300...maybe. Simply put, I don't trust 100% anything said by management any more. I am sure a version of the truth is told to us, but it is always twisted.
All of you need to listen again to the answers and really think if many were simply a smoke screen.
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