Saturday, May 05, 2007 2:18:28 AM
itrade, read #245065. Yes, they don't own warehouses full of products or have patent rights or anything like that. But such things are not the only value a company has. Oh, and the current pps price is pretty much the value of the DVDs, Games, and other fixed assets they do own. So why should the value be less than that?
You did nail the biggest problem GZ has.. slow sub growth and little to no brand recognition. But this won't prevent them from doing well in the next 12 to 18 months AS LONG AS they stick to the plan. It is unfortunate JF and crew have completely failed to properly market GZ. We shouldn't even be having these conversations by now.
It isn't the best company. It's performance has been lack luster. Yes, we all want to push JF in front of a bus. BUT, it is worth more than 0.0004.
You did nail the biggest problem GZ has.. slow sub growth and little to no brand recognition. But this won't prevent them from doing well in the next 12 to 18 months AS LONG AS they stick to the plan. It is unfortunate JF and crew have completely failed to properly market GZ. We shouldn't even be having these conversations by now.
It isn't the best company. It's performance has been lack luster. Yes, we all want to push JF in front of a bus. BUT, it is worth more than 0.0004.
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