Wednesday, May 16, 2007 12:23:48 AM
I was not thrilled with the Q. There were a couple of pleasing results, but overall, they couldn't even meet my conservative estimates. I, too, was looking for AT LEAST 25K subs. They are spending way too much money to only be gaining 5K subs per Q at this point. I don't care if it was a 1Q with a "cyclical" excuse. The infrastructure is built and the service is pretty good.. now is the time to buckle down and accelerate growth to improve the bottom line. It seems all they are doing now is trying to control costs while sitting with their thumb up their a$$es hoping the subs will start growing on trees.
With that said, I really wasn't expecting much this quarter, but it still frustrates me and the Q was worse than I expected. I was even hoping for some sort of positive surprise, but nope.. nothin.. just the same old same old. GZ management is a fricken joke. Heck, pay me 500K and I'll sign up 5K subs per Q. I seriously wonder how they expect to reach 50K subs this year. Time is running out for GZ. They have less than six months to sink or swim. As much as I see the potential with this co., I'm beginning to seriously doubt JF and crew can ever steer the ship in the right direction.
Okay, I'm done venting.
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