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Monday, August 23, 2004 5:19:06 AM
earnings report, to make a significant move upwards.
This is in stark contrast to the late 90's and 2000,
when even loss making companies had exuberant pps values.
We may well need some major PR announcement soon to
push the pps upwards (or else, it will be stagnating
for quite some time to come).
I for one am holding on to this company, as a mid-
term investment opportunity (say, 2 years). If they
manage to make it in either VoIP or M2M market
segments, we will be talking $s pps.
As this is a small company with significant competition
by much bigger rivals, there are obviously many risks
involved, but, by the same token, many more opportunities
as well.
As they say - no risk - no fun. Having said that,
one should not be betting only on one horse only.
There are other possibly great opportunities around,
similar to DLGI, investing into the emerging markets.
I am also considering MOBL.OB as one of the items in
my portfolio. Time will only tell.
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