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saskwatch

04/01/05 10:29 PM

#9317 RE: joedimaggio_6 #9314

Here's to you, joedimaggio, for that very succinct and objective assessment of Neomedia's status.

movieguy

04/01/05 10:53 PM

#9320 RE: joedimaggio_6 #9314

I believe that many if not most of the posters on this board are expecting a white knight to ride in and bring NEOM millions of dollars in either new found fees through law suits or through huge signing agreements. In my opinion, and I have extensive experience in running a company for over 15 years, this is simply not going to happen. (PLease no offense to the many brilliant and dilligent contributors on this board). NEOM has a solid business plan and in my opinion, solid patents. But I believe that the one key agreement, i.e. Virgin, will result in agreements that are positive for NEOM, but will not result in any significant fees being paid as part of the settlement. What is important in regards to Virgin is that they WILL be paying fees moving forward. I don't anticipate any financial windfall. But, and this is the most important element, NEOM will be recognized as owning the bridge, and that my friend is everything.

Regarding NEOM, the company still needs to land a carrier, then get the public to become aware of PaperClick. This is where FCB comes in. They will play a role in advertising, pure and simple. Yes, they have clients, but their real strength with regards to PC is advertising or more directly, developing a "Pull-through" advertsing strategy. This is when the consumer starts to ask for technology because they become aware of PC through advertising. And this will take money. Add in Name Registry and the advertising agencys start developing the programs that the brand managers will incorporate into their advertising and promotional "PM" money.

With regards to Cornell, Joe, I agree this is not how I would like to see this unfold. But it works and buys NEOM time to get the PC and Name Regestry product off the ground in the next 18 months, or sooner. If you believe half of what TS spews then this will work. It aint pretty, but boys (and girls...especially my favorites, ALLYNB and Success), it buys them time, and that may just be what NEOM needs.




wando61624

04/01/05 11:38 PM

#9322 RE: joedimaggio_6 #9314

Joe D

A point you may be missing in this scrnario. There seems to be a transition going on here. Cornell is moving from being a loan shark controlling Neom to a situation where they are obligated to buy into Neom at their risk. You can bet that Neom is going to pick the spots when they obligate Cornell to buy shares. If the share price drops Cornell is the bag holder. Cornell people are not a bunch of born yesterday yokels that they are going to enter a situation where they are obligated to buy shares at Neoms disgression unless they are dead sure that Neoms prospects are indeed bright. Im sure Cornell wouldnt enter such an arrangement with even a big board listed company without knowing that companies future prospects inside out. Im sure this is one of those rare times that Cornell commits itself to such an arrangement which imo augers well for Neom future prospects.

lesnshawn

04/02/05 1:03 AM

#9329 RE: joedimaggio_6 #9314

joe: Limited revenue? Did you look at their repayment plan?

chuckerfmfla

04/03/05 12:41 PM

#9408 RE: joedimaggio_6 #9314

OOPS ! My bad I should have read the reply from Joe Dimaggio number 9311 in reply to yours of 9309 before I posted about the 9150 post of Personalizit.
Chucker