Ok let's debate, seeing that noone here wants to discuss the merits of the Proposed Proxy:
Billionaire Chairman of the Board.
No longer providing financing, debt to shares because only way he'll get anything back, not paid in cash because TEVE has no cash. Wait for 10Q, relook past 10Q.
CEO that is a proven Tech genius
Does not mean he's another Bill Gates or Steve Jobs. Company not profitable after how many years?.
Newest addition to management - Donna Liu of UChannel fame.
Good edition if this brings the company to profitability. Time will tell.
Customers like Homeland Security, State Dept, Dept of Transportation, etc.
Still does not mean anything as it costs TEVE more in support and overhead than it takes in. Even with all these "clients" company continues to lose money.
8 of the 10 MSOs use TelVue equipment.
Not enough cash flow from any of these.
Low float.
Not for long.
Let's look at PBS a broadcast company that has been subsidized by the taxpayer for years and never has been profitable. TEVE has been subisidized by Mr Lenfest in the amount over 25 million dollars and never has been profitable. This subsidy is ending. Regardless of having supporting a thousand or a million "tv stations" Not making money is a problem. For those reading these last RA RA posts, wait for the 10Q, Read the PRoxy and make your own decision.
For those who keep thinking share price (as of now) going into the dollar range?? No way, Market valuation does matter. Even for the sake of argument share price is $38.00 after the reverse split while disregarding the increase in shares,what do you think the PE ratio will be. Again wait for the 10Q then you'll know.
Competitors, TEVE calls it webus, Cisco calls it what? How long have they had webus, peg? Read Jacks previous post about how fast technology is progressing, todays tech is already old. Who has the money to advance? Who has million dollar R&D? And PEG is public, educational and government. Not much income from these. Again wait on 10Q. We can revisit this debate then.
