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Tuesday, April 26, 2005 7:44:54 AM
HELLLOOO! What do you expect in the 'developement phase'?? This thing hasn't even been lauched yet! Where do you expect revenues to come from, on an technology that isn't 'officially' in use yet!
Yes, it's true that they attempted this before, and it didn't go. But that was before mobile devices/camera phones were THIS popular. How many times have I said that people like the idea of having everything in ONE gaget? Plus mobile phones have gained huge popularity through these past several years. So, what NEOM had several years ago, cannot even be compared, imo, to what they have now.
The people that constantly bring up the fact that there are no revenues, really show their level of intelligence, IMO. It takes time to bring a new technolgy to market. At least 18 months, for this one in particular, according to CF.
NEOM is at the right place at the right time with this. They had a vision several years ago for an awesome app., but didn't have a marketable way to implement it. But now that this new generation of mobile phones/devices is here, imo, it doesn't get much better than this for NEOM.
If you don't like the fact that NEOM isn't generating revenues 'yet'. Come back in a few years. By that point, they could a multi-billion dollar company. Then, you'll 'be able' to get your shares at a much higher price, which seems to be what you want.
"No Hour Of Life Is Wasted That Is Spent In The Saddle"- Winston Churchill
"The outside of a horse is good for the inside of a man" (And Woman!)--Ronald Reagan
All of my posts are my opinion, only.
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