UnifiedOnline Inc fka UOIP

[bliksam]

I keep hearing about the "buyout" potential of this company. As of now it has too small a client base for anyone to buy them for their clients. The products have not differentiated themselves sufficiently to make them a good add to another company's product mix. The volume of sales is too small to add to the bottom line of a potential suitor. As of today, there is no reason that Iceweb would be on ther radar screen of a larger company.

I spoke to John three years ago at which time he stated that his objective was to build the company and sell it in the range of $5 a share. During his last conference call he also said he wants to prepare the company to sell with the statement "you do the math." In my opinion, such statements are not helpful. He should be expousing the desire to build a great company with unique products that meet a growing market need. If he is successful, the company will sell itself.

I don't think I would look seriously at a product from a company that doesn't plan too be around in five years. The focus - and rhetoric - from management hurts the company's business plan and sales prospects. They are doing some good things with product build-outs, but need to quit the drumbeat of building the company solely to sell it for a profit.