Monday, September 25, 2006 5:39:13 PM
Thanks.
Also, just to clarify, I'm not saying this company can't make it or there isn't money to be made here by buying the stock. There's just a lot more inherent risk in it succeeding besides share count, bus tours, etc. But if they continue with what they are doing on the expense side, it won't last 18 more months without massive, massive dilution and that isn't a stutter.
They need to be in the ball park of 200,000 subs to be close to break even. And if the greater majority of those subs are gamers, their inventory needs are going to be sky high and a premium expense or they'll lose the subs.
But maybe they've got that all figured out.
Also, just to clarify, I'm not saying this company can't make it or there isn't money to be made here by buying the stock. There's just a lot more inherent risk in it succeeding besides share count, bus tours, etc. But if they continue with what they are doing on the expense side, it won't last 18 more months without massive, massive dilution and that isn't a stutter.
They need to be in the ball park of 200,000 subs to be close to break even. And if the greater majority of those subs are gamers, their inventory needs are going to be sky high and a premium expense or they'll lose the subs.
But maybe they've got that all figured out.
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