Revenue next quarter will essentially be the same as this quarter. How do you get a PE of 75 with ZERO growth? What kind of moron would buy at those levels?
This was so foreseeable
That mean the PE should be around 29; a PEG ratio of 1. The current PE is near 75. Do the math. It should be under $20. It will probably wind up in the $20's.
well if that's the case, then IDSY has nothing going on at Avis and Avis is using a technology that violates IDSY's patents.
the BOD needs to send Jagid packing and say they are looking at "strategic options".
Jagid is not getting the job done. if he wants to keep his job, he needs to grow a pair
Year 1 - order 100 units. Install in various cars. Test over various scenarios, weather conditions, and terrain.
Year 2 - evaluate results from year 1. Measure 10,000 ways
Year 3 - expand pilot to another 100 units. Test over various scenarios, weather conditions, and terrain. Test in Corporate and vacation mode.
Year 4 - re-evaluate results. Make change to requirements as technology changes. Go back to start.
Repeat 2 times (8 more years)
Say you are piloting and will have more info later in the year.
ZIP was clearly in violation. Jagid should have sued ZIP as soon as Avis announced the purchase of ZIP. He could have danced around it saying IDSY was going to sue ZIP buy Avis made their announcement first. ZIP would have settled. At least IDSY would have gotten some cash.
Jagid is simply over his head.
We've launched Zipcar in 6 new markets and now offer Zipcar rentals at 28 airport locations in North America and Europe. We've made Zipcar available to members at more than 50 Avis and Budget urban locations, with further expansions planned in 2014. We've replaced 45% of Zipcar's fleet with a younger, more diverse mix of cars, lowering our cost and improving the member experience. And we've begun to offer Zipcar to Avis and Budget commercial customers, with early interest indicating significant demand. Then we're now piloting one-way rentals and expect to be able to offer this mobility solution more broadly later this year.
and Hertz is expanding their patent infringing 24/7 technology. Jagid, grow a pair will ya
The company announced that it had teamed with Costco to bring short-term Hertz 24/7 van rental to Costco customers. The self-drive service, available at all 25 Costco warehouses in the U.K., allows Costco members to rent a Long Wheel Base Ford Transit Van to drive their purchased items home immediately. The service starts at £13, or approximately $21.70, per hour.
so that means between now and 20 years from now, they can roll out.
Jagid needs to grow a pair and stop this endless pilot. Sue them. Make them license the patents.
And how did Avis do? Well they lost money on a GAAP basis and the stock goes up. Growth was meager. I guess if FB is willing to pay $19B for 32 engineers for an app that duplicates AOL chat, then anything is possible.
didn't he do the JV with Pirelli that was dissolved in 6 months? didn't he fail to grow Honda outside of the Accord? Didn't he mis-judge the CARB rollout timeline? didn't he fail in the Euro area? Wasn't he massively overpaid for what he produced?
Anyone can cut. A leader can grow.