tajitj, What you say is all true.
In general, stocks are affected by everything that goes wrong, but little that goes right.
IceWEB's future is probably more affected by the success of their customers; commercial and mostly government, and all Internet related in some way.
IceWEB's cloud computing products are driven more by things like commercial expansion on the Internet by the consummer. For example, this last Christmas, there was a very sizeable move of retail sales away from stores and malls over to the Internet. But if the economy falters and the consumers run for cover then the trend may be blunted and there may be few sales in this segment for the remainder of the year
And likewise, determined by events like terrorist attacks and natural disasters, or whatever the government involves itself in at the moment.
For example, IceWEB's First Responder field-deployable networking gear may very well be used in Haiti right now. It so, then it would be nice if the company told us. Not only is the Gov responding, but a whole lot of municipal and state governments have sent teams. Surely, some of these crews are using IceWEB's gear.
They also sold gear to the Winter Olympics. Unfortunately, the downhill part of the games are looking like they may flop this year due to a major shortage of snow. Blame El Nino weather pattern!
So I don't know what else to expect here in the short-term. But I already have a sizable position so I am prepared to average down heavy if the opportunity presents.
Over the longer term I have no doubt this company will do well.
Because Cloud Computing and Data Storage market segments are RED HOT and ripe for expansion.
All just my opinion...
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