Probably because I was ******** to management, Mary invited me to beta test the Android App. I have to say it works well and I like the interface. I can see this providing value to users. Firstly someone like myself who is U.S. based and already has a wireless plan with a major carrier, having a second line can come in handy, sort of like the junky email account everyone has. Second, to a lower income person based in the U.S. who has a smart phone but can't afford a plan with a carrier, this isn't a bad option. As an aside, someone at UVA recently used the app in their paper as a way for the underpriveledged to job search. Lastly, and I think this is the biggest opportunity, and that's international. Getting a U.S. #, voice, and texting for $2/month is a value for foreigners who have friends/family and or want a job/attend school here.
Of course EMS could also just be overvalued right now.
I like what Sushil has done and he's really strengthened the management team. It's unfortunate about some of the defections, but they've got the team in place to replace those revenues. We'll see if they can ramp profitably for the rest of the year.
McDonald's non-compete and his options are the least of my worries. Weren't you all over Tim's jock and trashing Jerry just a few months ago?
Right, and what I was saying is you don't know what iOS revenue is currently, so projecting 4-5x isn't helpful when you don't have a baseline. I would be focused on converting our own app users to paying customers; that's a much easier sale than getting Skype users to switch.
I think they need partners or need to sell the company; I don't think they can execute this on their own. And those outcomes are a possibility. It all makes you wonder, especially with COO Tim McDonald headed out the door.
Have you bothered to pay the subscription fee to get a real estimate of the revenue the iOS app is bringing in? So Android will be triple or 4-5x what?
Revenue is pouring in? You do realize revenue has been falling for over a year now? This board can be delusional.
It's been falling pretty far of late. Certainly not going viral. The reviews of the new version are pretty bad. They need to tweak. This might by why Android has taken so long.
Hey lionel and inowhoyour,
What makes you think they're not currently buying back stock? They wouldn't have to report it until Q2 earnings. Also, why would want that disclosed immediately? If the market saw they were serious and actually followed through, it would pop the stock making the shares more expensive for the buyback. Are you two the same idiots that were clamoring for this during the quiet period? They probably should not have announced the buyback with Q4 earnings, but they were desperate, so I guess I can't blame them.