Sunday, June 13, 2004 1:55:11 PM
Both actually...
I would be surprised not to see something in the very short term, but I remain confident that we will see an unrelenting stream of news from here to Christmas and I think this will become something of a snowball.
The stock price has been reflecting great pessimism for nearly a year and, at least in my opinion, has been heavily manipulated to create a negative impression...
This again goes back to our friends at the hedge funds whose only interest is in seeing the company fail so they can walk away with tax free gains on their shorts (That's right Virginia, if you are short a stock that goes BK, then you never need to cover your short and therefore never show a gain, so no taxes)
The stock price has not reflected a going concern for some time... now that revenues will begin to come for real, the stock will eventually adjust to factor in that reality.
I've been reading some news about the Beatles finally putting their music online but wanting some sort of file/copy protection and the articles seem to infer that the Beatles are leaning towards going with Microsoft and the new Online Music (ala iTunes) Store they hope to launch.
Due to Microsofts interest in DRM, I have thought for some time that Sunncomm might eventually be an attractive target for Microsoft... I now think if we can nail down DarkNoise, that possibility goes to nearly a certainty.
I've held some cautious pessimism for some time but I must admit, after attending the meeting, hearing third parties speak and talking directly to employees their optimism is infectious and imo can only be attributable to some very major events finally transpiring at Sunncomm...
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