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Thursday, September 04, 2008 4:19:29 AM
By their own admission--management felt like 500,000 was a significant milestone for a possible buyout. It definitely represents a critical mass and a different stage/opportunity for growth.
I continue to see a tremendous opportunity for another player to come-in and carve out some tremendous income streams. Alternatively current management could decide to stay with the game plan only until right offer comes in. I think the positive thing for shareholders is that current management has a vested interest to perform in order to obtain highest/best buyout offer.
Make no mistake about it. The hypster.com user base is a valuable commodity but it needs to be mined effectively and income streams need to be generated and demonstrated.
The silence here could be golden or perhaps not? No PRs for the 450,000 and now 500,000 mark is unusual. Perhaps the 500,000 PR + with some other news could be very imminent?!
IME larger players interested in digital music with big money can't help to notice the growth of this property and will either let it grow unabated? or will more-likely attempt to snatch-it before their (competitors) do.
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