iQSTEL Inc (IQST)

[dh_]

In light of Oldman's VZ mention -

You might find this article a good read. It's focus is on Verizon, and Verizon had a tough day today.

But some interesting points that are relevant to iQSTEL is how the communication industry has been out of favor for some time, and how the author sees the possibility of how a return to favor may occur if overall economic conditions worsen.

In addition, the author implies that the market is currently not recognizing the value of the coming 5G revolution and the potential for IoT solutions - both among the areas that iQSTEL hopes to capitalize on.

But what I would like to add is that we all know the market was down today, and more than that, Verizon's drop probably didn't make our sector look any better, so Oldman's comparison is very relevant. But Verizon's results do not have to be any reflection on iQSTEL's prospects.

So we may getting held back by the sector being out of favor, but I assume we can come back in favor at some point. Maybe by economic conditions, or by new strength in the industry fueled by innovations such as 5G or IoT, etc. In short, I think the state of the sector is the "wound up spring" the company refers to, and a return to favor might bring in lots of new interest to such companies.

And one last note, I'm not sure how much longer we will be tied to the communications sector anyway. That is, if the EV, Fintech, and other technology solutions begin to capture significant portions of revenue share.

https://www.nasdaq.com/articles/this-ridiculously-cheap-warren-buffett-stock-could-make-you-rich