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Monday, March 19, 2007 11:57:34 PM
Have you guys signed up for the Web based Instant Messenger? I would suggest you both sign up and IM between yourselves, or other people that you may know that can also signed up. But you need to try some of the multi-media features. I think you will find it to be very user friendly and very interesting technology. I am not much of an IM guy and never really used it before because I felt it was boring and one dimensional. But the Web based Buzz IM changes that and opens up many more possibilities. Make sure you try the conferencing feature also.
Sean (CEO) had told a number of us that the Mobile 3G product is even better than the IM product. If so, I am very much interested in downloading it when it is available. If it is better than the IM, then on the basis of these two products alone, there is real reason to be very optomistic about Buzz's future.
I have downloaded the Virtual PC product (Stage 1) and do not have a strong opinion on it yet. The Stage 1 product is a customized simple File Transfer Protocol (FTP) client and they are a dime a dozen. I will reserve judgement on this product until I see the Stage 2 product. I will say that the Stage 1 product is easy to use, but it is deficient in a number of areas (i.e no encryption, some bugs,etc). VPC concept is ineteresting, but need to wait and see how the product evolves.
Some of the points you guys raised about past PRs are valid.
But like retirementsoon posted, business dynamics can change rapidly which results in the obsolecence of PRs to some degree. The important thing to monitor is that there is follow through with the committment the company made to retire shares and bring the share count back down. As long as the share count stays at 280M or less, then it does not really matter who is selling and who is buying because the net result is no dillution for over a year.
Things seem to be moving so fast with Buzz, and they are involved in so many different areas that sometimes I think they suffer from the Corporate version of Attention Deficit Disorder(ADD). They have built many new websites and remodeled existing websites, all on the fly and often with incomplete areas and broken links. Hopefully as the company matures they will instill a more vigorous methodolgy in their development efforts where things are promoted to production only afetr they are tested in development.
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