In general, the Boston Plan is speculation that the VVTV management was cutting the fat out of the company to get prepared to spin VVTV into the Net Radio IPO. It is speculation but does not seem as possible now. That still does not mean that they are not looking for a suitable buyer!! What Merlin doesn't realize is that if anybody wants to tear down and sell a company, if that company does have some viable value the stock goes north!!
TTR and Boston: Thanks for your responses to all my questions. I guess (hope) we'll see tomorrow just how far good news will carry VVTV. Far, we all hope. I've got one more question: I have read several of your previous posts that refer to the Boston Plan. Could you please explain exactly what that's all about?? Thanks again.
I have enjoyed reading your posts over the past month or so. i think you both make logical statements about what is affecting, and what might affect, VVTV. I'm sitting on 2000 shares and hoping your overall optimism for this stock is well-founded. I think it is, too, or I probbaly would have bailed by now. I'm interested in your answers to a few question:s VVTV cannot seem to break the shackles around 6 very easily. Do you feel the NetRadio IPO announcement will be the catalyst to drive the price upward, or is there something else out there that will boost VVTV in the short run? Now the NM has repaid the $10M note, is there anything else from that deal that could be beneficial to VVTV in the near to imtermediate term? Does VVTV still hold a bunch of NM warrants? Back to the IPO, is the next big step announcing a CEO for Netradio, to be followed by announcement of the particulars of the IPO? Last;y, do you feel there is a narrowing window of opprtunity to launch the IPO -- ie, while Internet stocks are hot and before a possible market correction, say in March?? Thanks much for your input. Keep your comments coming.
TTR, we've waited for our turn. This might be one of a few moves for VVTV. I'm surprised that the announcement came out this month. This could open up pandora's box. Mouton, TTR is probably a much better source than myself when it comes to the specifics of deals such as the NM deal and what it's future might mean to VVTV.
As for the IPO I don't believe in always listening to the Wall St. Naysayers. It is always important to recognize values through the fundamentals (stressed in previous posts). My firm belief is that there is great hidden value in many internet stocks. The value should always start with earnings(potential),market (potential) and growth (potential). With many of these large companies earnings are predicted to slow but that does not always recognize market specifics. That is a broader prediction. If this prediction does hold true that means larger companies with earnings slow down will have to look at smaller companies with potential for viable growth. This may be one explanation why so many of these smaller internet companies with good products an identified markets are taking off. Just a thought.
Would think that NetRadio IPO would positively impact VV.
There could be some other announcement in short run...ie. CEO for NetRadio or something about VV; interesting that TWX and CDNow keep denying a deal...would hope that TWX is looking at NetRadio's CDPoint instead...
I suppose there could be something between NM and VV...the hagglezone.com ad/click from NetRadio is a possible link.
VV 'may' hold 750,000 shares of NM; it appears they excercised their warrants from the NM pay-off. (i.e. that is where NM got $2MM of the $10MM they paid back to VV); there 'might' be other NM warrants...seems like there was a lot of re-pricing of warrants that VV had from past deals with NM.
My own opinion is that NAVR will IPO in next 50 days or so...that is based on what Paulson supposedly told CNBC during a break when he was interviewed in early Dec. If NAVR delays the IPO again, I think they will have some very angry shareholders who could muck up the entire process. (i.e. lawsuits, etc)