You need to scroll back through my posts to find the announcement from ATOS, the Dell reference, and Ericsson. Sorry, I can't do your homework for you. I understand how you want the price to go down, but really you're on such a silly side of an overwhelming argument. Anyone can be 'right' for a while, and the shorts have made some dough and might make some more in the short term. Who knows? But ultimately this is technology that will change the game, and I hope when that becomes well known you all have covered. Honestly I don't want you to get hurt. Just because we are on opposite sides of the bet doesn't mean we have to be enemies.
Merry Christmas, first of all, and secondly, just keep careful eye on your short position. It may blow up like a Christmas firecracker. But, in the spirit of the season, hope you make a dollar or two and when you cover just hang on with the rest of us. 2015 looks to be the beginning of something very special.
Novarad, Virginia School System, Ohio Phone System, etc. not to mention Dell, Ericsson, and ATOS. Do a little homework before you post so that it is at least minimally credible.
This agreement is yet another validation of the validity of the technology. It's perfectly obvious that there is no money exchanging hands here, but anyone who has been touting this as a sham is now shamed. MSFT agreeing to a partnership is the real deal.
Check the news on ANY today. Microsoft has entered into a multi year agreement with them to allow their server software to be installed in any Glassware powered appliance. Now the last box has been checked so that the big boys can jump in. Stay tuned, the game just got a lot more interesting...
I hear you, and let's keep it civil here because it's obvious you're no dummy and neither am I. I wish I could convince you to take a longer term outlook here and not be so focused on the short term price performance which has clearly been in your favor, but it is what it is and frankly we can both make money here. Good luck and hope your position works out…but not for too long….
Still in the early innings I would say, and price volatility in emerging companies is the norm, not the exception.
The bear case is that there is no significant revenue yet and the long case is that the table is being set for a spectacular revenue stream in 2015 and beyond. Take your pick.
I"ve been in the stock for 18 months and every week discover something that makes me even more confident in the long term outlook. The technology has been vetted publicly countless times and passed with flying colors, Sphere is working with Dell, Atos, Ericsson et al on multiple verticals, etc etc. Seems like a young company getting it's commercial mojo together but not quite at the level that you can unequivocally say it's a runaway success yet.
In the near term the shorts have the advantage. They've got some of the longs whining and sweating possible margin calls. In the long term it's not hard to see where this is headed, although there are some who for their own financial gain don't want you to focus on that.
It's always 'if if if' at this stage with any new company. Always.
The trick to investing in early stage efforts like this is figuring out which ones will get to 'when'. This is what I do, and have done for over twenty years. I look specifically for opportunities like this where the private investor actually has an advantage over the institution. Your absolutely right that there is still reasonable doubt here, but if you take some time and dig you'd find that the odds are very much in the longs favor.
As I've said multiple times, this is the real deal. Sit on the sidelines and throw popcorn if you will, but it's probably a bit healthier…and more lucrative…to grab a piece of it while it is still cheap.
Atos is an international partnership with Sphere 3D
From a Dutch news service:
Atos is an international partnership with Sphere 3D and allows its customers a leading position in delivering innovative cloud and virtualization solutions.
The strategic alignment between Atos Sphere 3D helps customers manage their digital transformation of their overall IT strategy. The question around faster performance, better security and flexible workplaces and mobility increases. More than 30% of the business market business-critical workflow tied to legacy applications that can not be virtualized.
Sphere3D is a listed international solution provider in the field of virtualization technology and is equipped with offices in Canada and the United States. Sphere3D delivers virtualization platforms, making it possible to move all (old and new) applications of physical PCs or workstations to a virtual environment; either on location or in the cloud.
Atos SE (Societas Europaea) is a leader in digital services with 2013 pro forma annual revenue of #$%$10 billion and 86,000 employees in 66 countries. Serving a global client base, the Group provides Consulting & Systems Integration services, Managed Services & BPO, Cloud operations, Big Data & Security solutions, as well as transactional services through Worldline, the European leader in the payments and transactional services industry. With its deep technology expertise and industry knowledge, the Group works with clients across different business sectors: Defense, Health, Manufacturing, Media & Utilities, Public Sector, Retail, Telecommunications and Transportation.
I'll give you a serious reply.
This is a newly formed company with technology that appears to have been partnered with three multibillion dollar companies already: Dell, Ericsson, and Atos. News releases detailing terms have been very sparse and the only reason I can think of is that the larger companies want their customers to come to them to get Sphere's technology, and not Sphere itself, and thus have put handcuffs on them regarding how much they can talk about it.
But we saw at Dell's booth at DellWorld the Glassware sticker on the latest Dell servers, we've seen announcements from European press that Atos is working with Sphere, and only Ericsson has publicly shared a booth with Sphere at a trade show and allows their name to be used in conjunction.
So, in my view we are in the early innings of a long game. There is indeed room for reasonable doubt for those coming into the story now or those who are simply 'show me' types by nature. But I've been in the stock for around 18 months now, have done and continue to do serious homework, and feel this is one of the most exciting opportunities I've come across in all my investing career. If you think there are doubts now, you should have been around a year ago! What folks are saying now is nothing compared to what was said before the big boys joined up.
What will happen eventually is that this will become a very successful company. Of that I have no doubt. In the meantime the price will be unstable as believers and non believers fight for dominance. I just sit back and watch at a distance as I've already made my decision and am very pleased to be part of this story. The noise in the meantime, is to me, just noise.
Give it time, grasshopper, give it time. Staring at the computer every day makes things seem to take longer than they do. Management warned months ago that the first couple of quarters would be uneven and 'lumpy', but with Dell and Ericcson behind Sphere I'm not particularly worried about the future.
The shorts will monkey with the price while they can, but eventually, and by that I mean early-mid 2015, the story will be out and the value will come.
Yes, that's right. the word is spreading slowly but it will get out there. I mean, even the inventors didn't realize how big it was until their customers kept coming up with new uses for it!
Anyone seriously interested in this company should go to the new website, just unveiled today, and read the page on 'Glassware History and Vision'. It's the best description of the technology to date and if it does' t excite you your heart isn't beating. This software heralds the dawn of a new era. Yes, a grandiose claim, but read up and ponder the implications of what they have created.
The numbers for this quarter and next will be pretty hard to interpret. Some of ANY's revenue this past quarter is mixed up with OVRL's because of the sell through, and in the next quarter we'll only have one month results from the combined company. So it will take time to parse out.
But what we do know is that Dell has incorporated Glassware into their new servers, and that(probably) Ericsson has now signed on with ANY to use their technology worldwide. Roll outs in multi billion dollar companies don't happen overnight(turning an aircraft carrier takes time) and thus as long as we know these MAJOR events are underway, and others are of course very likely to follow, let's avoid the tunnel vision of staring at each quarters numbers like the company will disappear if they don't make or beat some pre determined number.
If the underlying story were weakening I wouldn't be making this argument. I'd have a lot of doubts given the softness of this quarters income. But Peter Tassiopoulos already warned that the revenues would be lumpy at first and then plane out. I take him at his word, and given the extremely positive body language from Cyrus(forgiving debt for stock at such an early stage? That's huge in my book), and the quiet way the company is making inroads with the industry's biggest players, this is too interesting and exciting to take a short term view of.
Be careful not to be short sighted. The folks behind this obviously aren't, and Cyrus has nursed OVRL along to health and Sphere is just getting up to bat(sorry, can't help the sports analogies). Personally I think it will take to Q2 next year to really see what is going on. Building a business always takes longer than you think. I know this from many, an I mean many, years of experience following young companies like this.