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Rentrak Corporation Message Board

  • bags6645 bags6645 Aug 9, 2006 1:03 PM Flag

    My estimate

    stock at 15 by next quarter plus could RENT be a takeover target? It's a sexy business right now.

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    • Wow was I correct or what?

      Took a couple months longer than I expected but I nailed it. Time for me to take profits but I'll probably miss out on a buyout.

    • bags, i don't think it will hit 15 until two of three things happen. 1) rent announces a second platform(suppose to be in the 2nd quarter). 2) retail essentials announces that most of the 24 retailers in the trials have signed contracts and are now paying clients(suppose to be in the 2nd quarter). 3)rent announces international contracts with japan and/or europe(should have already been finalized, but it appears paul is having trouble closing the deal). as stated above, paul has difficulty closing deals, so you can't be sure when or if these deals will be completed. thats why paul can't give any reasonable guidance because he can't close the deals in a timely manner. it could happen in the 2nd quarter or the 4thQ or maybe never. you just don't know with paul running the show.

 
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44.470.00(0.00%)Jan 29 4:00 PMEST