World Surveillance Group Inc (fka WSGI)

[mr_schnizzle]

I think he's a sharper cookie than people give him credit for.

A CEO he was NOT...but as a Networks Engineer myself I admire him for having the b*lls to set in motion what he did - I still believe the strat figures in the longer term as well.

The incumbent vendors across the US and Europe (Nortel, Lucent, Alcatel, Ericsson, Nokia, Cisco) have there nice little business models with your Verizons, Deutsche Telekoms, British Telecoms etc, nicely sewn up...

but Peralta has seen the opportunity to establish a far cheaper Wireless Broadband proposition built on Hotzone that will undoubedly bring earlier payback and bigger profits, had he jumped into bed with your usual vendors. A riskier venture it is, but Peralta is obviously comfortable with the outcome of the pilot and the wider DD he and his team have done on GTEL.

For me I'll now wait and see - the all clear from SEC would do it right now


schnizzle