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derek32smith

04/26/16 11:34 PM

#40241 RE: rphili #40240

Just wondering but how do you expect they will drive the share price to $15, never mind $150?

Perhaps you haven't noticed the rather abyssmal track record of consecutive quarterly losses and revenue misses.

And now that the company has admitted that the once "disruptive" Glassware is not disruptive, nor a real product just technology, the reason for a high valuation is gone. What is left is commodity storage NAS and tape devices, rebranded Azure storage, Bit Torrent file services software, and of course, the VMware V3 appliance.

I would appreciate your insight re what will happen, or needs to happen, to justify a $15 valuation.

Thanks