Monday, August 21, 2006 8:16:39 PM
EDIT IN BOLD UAB: you are right I make certain assumptions just as we all have (I mean shame on me for assuming two of the three figures were correct and the 8300 was the incorrect one). But, there is absolutely no reason to believe the demographics have changed; I think it is foolish to assume it has based on revenue that fell by over 20%. Your assuming that the average price fell from under the 3 out plan to under the 2 out plan. $15.85 was the average sub price during the first Q (I believe that is fact as stated on stockinformationsys web site) I simply used that to calculate the 2Q subs knowing there is very little in other income. The marketing plans have not changed with regard to the sub sale price; so again why would the demographics change? If I am not mistaken CC wants to push the 3 out plan and if GZ is inline with that why would the average sub price fall. I have stated that the usefulness of the formula I use will become obsolete as time goes on (for my purposes) because GNF will begin to draw revenue from other sources; unless they breakdown in the Q where the revenue is coming from you will be hard pressed to calculate the subs count using it. I hope the subs are going up after all this is why I bought into this company and its' concept, but I am simply being more cautious. I refuse to take the article claiming the 10000 figure as fact...that statement wasn't even in quotation marks as being attributed to management. If we are over 10,000 subs now and higher as some suggest (I think Mar-Key said 12000 as of today) then great that means we should see a very healthy number when the results come out and we should be rewarded with a nice rise in pps based on that IMO.
Don't buy or sell based on anything you see on this thread...especially anything posted by me....Do your own DD; make your own decisions....
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