Dig, That's not the way I read it. According to Chance's transcript around 20 minutes SKS says:
" And so today our pricing on that is measured in a few dollars per seat, not yet $50 per seat." And earlier in the CC he mentioned a "few hundred thousand dollars" being for 60,000 seats (I assume he was referring to the entire 60,000, anything less would have implied more than a few dollars per seat, and SKS doesn't exactly have a history of playing down any positive news). So I would say about $3.33/seat max and probably less when the volume is as much as 60,000. So much for the $99.99 pricepoint or the $49.99 pricepoint or even the $7.50 pricepoint for that matter as far as ETS is concerned. I don't think that is too surprising given the $1 price that Dell enjoys (admittedly for a much larger volume).
Is that of no matter? I think so. For a buy and hold investor who has had shares for a long time (like myself), even with additional shares bought post split, real rewards can only come with ERAS upgrades on a wide scale. For short-term traders it's a whole different ballgame, and a whole different set of risks as timing becomes all important. If Doma had a five bagger on the #'s of shares he says he held he's clearly gutsier, shrewder, and probably luckier than me!
Svenm
AI
