A huge cash cow if they don't give it away. When plaympe was sold to me and other investors in the preliminary stages it was touting how in would interrupt/disrupt a substantial market generated by creating and mailing physical cd's by the recording industry. The numbers were thrown out: 40 million in cost for these physical cd's in Europe and 20 million for North America. Although, I know that the selling point for mpe is that they do save the labels money meaning they wouldn't get 60 million in their pockets, I was not expecting it to be 6% of that total cost. Now, the labels have certainly taken advantage and that has been frustrating to see i.e. not playing fair because mpe needed the proliferation to work they had to bow down.
Unfortunately, with G2 I see the big numbers being thrown out there again - 3 billion bandwidth and 1.5 bill for transcoding but again, for adoption to take place they have to save companies money so, Destiny's take would not be anything close to that. It must be mind boggling all the avenues opened up by G2's potential but for me, enough of the pie in the sky potential and lets see some material realities and also to not miss deadlines for releases by six months to two years, to never. Just the straight goods is all I'm asking for "please".
I agree with Van that at this price the stock is of fair value and more on the side of being undervalued. Anyone who is shorting at this level has to be a little insane with all the unknown variables coming into play. My wish list with this investment is that the skipper of the good ship Destiny steers us all to open calm seas where it becomes full stream ahead and that steam is for power and not hot air blowing up our you know whats.
p.s. anydaynow - stick to swimming in your tequila bottle and don't bother jumping on the obvious critiques.
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