Lets get this straight. If gogo is going to be getting so much competition and they currently
don't make money and trade at a very high valuation... It shouldn't be a shocker to anyone on this board why it's going down. How low.... I'm trying to figure it out because they are a leader, they are first to market so they are worth something as long as they can make money once the competition comes in.
Anyone have any idea how they plan on making money when they have to lower the cost of using the service? Don't be a fool too think AT&T and Honeywell don't have a big plan and that will start with much lower costs of service for us users. With this type of over hang this stock will more then likely go to $7 over the next 12 months and then it will be another 12 months to really decide just what it's worth.
Anyone want to dispute this with some rational reason?
Let's get this straight!!! A company the biggest plan ever!!!!! First of all they have to get FCC approval!!!! Next they have to get an available customer that is not under contract!!!! Next what company that has invested 300,000 per aircraft is going to upgrade their fleet for 4G LTE which can only handle 20mb tops!!!!! And that is assuming a very high assumption.... Next you have to go thur the FAA for certificates for each type of aircraft!!!! By the time their BIG plans come thur it will be 5 years too late!!!! So take ur 7 dollar assumption and go beat ur #$%$
Jojo, Before I answer that, I want you to tell me on which airlines ATT will be selling on. remember, they have to be domestic airlines only and they currently can't be under contract with gogo. That doesn't leave many, does it?