Hock, to quote others, there is no need for me to explain to you, if you don't get it there's nothing I can do. My point again was that the list provided by TELVUE on their website listed companies that supposedly are customers yet there is direct conflict to that. My point being the list is not accurate. So I asked just who are telvues customers and what revenue does telvue receive for each customer. Do you Know?? That's what matters.
Let's compare the products of telvue to a Mercedes. For the sake of argument lets assume telvues products are the best. Top of the line, yet very expensive(?). IF quality and performance were all that mattered, everyone would have a mercedes or in this case have telvue products, yet that's not true in the real world, now is it. People drive Kia's, Honda's, Fords, GM products etc. Why because its not always about having the best, but having a product that fits the need within the persons or in this case companies / locality budget. PEG customers are restricted by budget constraints. But none of this matters now does it. What matters is the financials and massive valuation placed on a company that has NO profit. And as far as swagit goes, it's obvious they are filling the need of some for whatever reason, therefore, they by virtue of being in the market take market share away from telvue.
And I am not saying they are the best, that really doesn't matter. They make no money after 15 years. They don't have the money for continued R&D
But for anything further wait for the quarterly report where they will continue to report negative earnings per share. Increased overhead due to hiring costs. No reason to argue this point we'll see next month.
