I agree the near term picture is by the warning mixed the
pe as you say is low, two other things are in gips favor
the kroner for now is strenghening (not a real good reason
however to buy the stock but its a plus) but also the fy2007
guidance is very good, if you listend to the pod cast the
ceo mentions the 100m revenue number like half a dozen times
so that would take the pe down below 1 lol then couple that
w/ nasdaq and u've got a real winner.
as far as clyw is concerned, yup u were wise to stand back
and wait and yes the limiting 1/2 rule was for a time a good
model. the satellite patent that is pending however is a real
deal breaker and will be invaluable to the industry and imho
is licensable w/ out any further development to either sirus
xm or to the combined entity, its been well over 2 years since
the patent was submitted and so far everytime the uspto
art committee has conveniend to consider it the outcome has
been positive, imho the upside to the company is huge from
that alone, yes its speculative and yes mostly speculation
should be limited to companies w/ revenues, but there are
rare cases were the "balance sheet" defines the value of the
company in this case i italicize "balance sheet" since the
pending patent does not really appear there but for me and
my reasoning this is a special case where is may be
considered.
of course there is the asnap patent, its a big murkier there
but the demo imho will shed a great deal of light, its a
gutsy move for management to face shareholders given the
track record of the company, imho it says they really have
something
but one final thing about it, final4 mentioned "blue blaster"
and that the company might distribute "free copies" of the
program/ service that would last a month, this to me is
very interesting, blue blaster is a blue tooth technology
that the compay is still being hush hush about, they have
been working on it for a year, my hunch is its more than
just a capibility but may even be a "soft phone" if this is
the case, and they use a skype distrabution model, this will
be big news for the company, remember skype was sold to ebay
for 2.5 billion dollars first a highly criticized moved but
now recognized by many to be true genius. skype of course
didnt really make any money, it was all about bringing
an technologically savvy consumer into the fold, such could
be the case for clyw exp if blue blaster is a much more
exciting concept.
gl, i think that gips will finally comment on the oracle
deal this week--if so it should be very interesting
p2k
