NeoMedia Technologies, Inc (NEOM)

[brewskih]

yes I am happy the stock is going up. As I pointed out earlier however, I have seen this same scenario play out with another company that I dont need to mention.

Holding all the patents and letting all the others run over the top of you is exactly what this other company did and now they are the small fish in a big pond. As I have stated here before I see the same things happening with NEOM, and while they are getting their ducks together every body and their brother are launching similiar programs. And even NEOM states in their filings their systems are antiquated compared to some of their peers, so a serious investor has to take those facts into consideration as well.

Its not all just a bowl of roses with NEOM, as some here would love everyone to believe. They have their issues that I hope get resolved in a positive manner. Until then I will remain skeptical as well as remain a shareholder.

As for my predictions on how high we could get to I had said in late 2004 on another board that I expected it to reach 1.00 a share in 12 to 18 months. It made a run close to that when it hit the .70s but then retreated. I still believe it will go to 1.00 a share, but not in the short time period some here are calling for. To make a seriou run to 1.00 a share a company with over 460 million shares outstanding needs repeated days of 5 million shares or more trading. The average daily volume should be in the 5 million range to make any kind of substantial run and hold it. There are companies out there with 60 million shares outstanding that trade 2 million shares a day consistently, so trading 2 million a day isnt nothing to get excited about when you have 467 million outstanding and growing.