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Friday, October 30, 2009 9:53:45 AM
Why don't people dissect & challenge bueno's post with facts, instead of just blasting it?
I say again, bueno's posts are thought-provoking and realistic (albeit with a pessimistic slant, I admit).
He has several things right: there are PLENTY of P2O competitors, and being such a new space it's likely there will come more. Just because others don't have a catalyst, doesn't mean they will go out of business. Also, there are others who recover tape data ... maybe not as well, but they are doing it and they are getting paid for it. That makes them a competitor. To say there is NO competition is just ignorant.
I agree that the revenue numbers for FY2009 will likely (IMO) not move this stock beyond its current range, for most of the reasons bueno gives.
Now if you feel differently and are intelligent enough to explain why, please do so on this board so we don't spend our time reading only flames.
S.
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