Morning Matt! I see the cult is in an uproar...
what with the cult stock (WAVX) being down 17% and all. But not to worry. The folks will hang in there. They will still subscribe. They need Snackman to tell them next quarter is gonna be great! They need Weby and Awk to predict half-million dollar revenue streams (even if they're totally insane to do so).
Most of all, Ace Cult Defender, aka 24601, will be there to, well, defend. He is big on forgiveness, you see. The company floats a stock issue 20% under market? No problem. We forgive them. The execs need to fly to Arizona for a poker-fest? No problem. Management grants itself a new round of fat bonuses? Well, that hasn't happened yet, or it hasn't been disclosed yet anyway. But we forgive them in advance.
This is cult life, Matt. Cults need their defenders just like they need their facilitators. And that's where you come in, Matt. Just don't sell yourself too cheap.
Cheers!
P.S. to digspace: Sure. I'll wager eternal posting rights here and everywhere else that the company does not make $1 million in revenues in 2005. But I don't want to wager with you, because you're about the only long worth reading anymore. Perhaps John would like the bet.