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Re: junkmasterg post# 68069

Monday, 02/14/2005 12:30:00 PM

Monday, February 14, 2005 12:30:00 PM

Post# of 279080
Guess I missed it in the public forum. Sorry bout that.

To me the facts are simple. First you already noted Sirius had the same problems with hardware and getting the Sat up. Yet look where they are now. I know I backed the IDEA and did not jump when things looked dire. It has paid off nicely today and looks to in the future.

Now you stated that the other companies were established companies and have more room to wiggle? Why? It should be easier as a Fortune 500 to meet deadlines. Even with that being said.

Microsoft is known for missing deadlines throughout the history of the company. Not to mention the legal trouble they have went through which should have driven off investors. It's one of the costs of doing business.

IBm was so bad about missing deadlines that they were investigated for the Vaporware they talked about in the PRS.

Proctor I can say I have owned forever but do not even worry about deadlines being missed on anything.

CISO has missed many deadlines and been accused of Vaporware PR's also.

Now some companies that have weak vision do not make it through these set backs. A good example the company that used to make the Dbase product. They had so many missed deadlines that suprior products poppped up and the IDEA was killed.

I would assume the majority of us invest in these risk stocks knowing that the money is just as likely to go as stay if we do not invest in good IDEAS. But QBID is a good idea and the potholes are going to occur. Hold on like the smart investors did with Sirius through the sat/hardware delays and hopefully a suprior product doesn't wipe the Q out. It was close with Sirius with Xm out there. Although, at this point I would not worry because I do not see in the next 6-1yr a suprior product. When that product is out live and nation wide for 6 months to a year then I would worry.

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