Let us not forget!If you read all of WV's press releases, they always elude to the fact that they continue to sign up new customers. I think in waiting for the home-run deal, we are forgeting that they are building a real company. They will have oprations all across the USA and in Europe. Give them time to sign up cusotmers and you will be amazed how quickly a solid revenue base can be built (and that's without huge CLEC agreeemnts, which ARE coming by the way).
Bob Ingrahm was forecasting $250 Million is revenue within 3 years. Now everyone knows that Wavve is already WAY ahead of schedule (as evidenced by the immediate need for cash to accelerate rollouts). So for fun let's say they get to $200 Million in revenue in 2001. Let's also assume that they are on Nasdaq by the end of this summer. The market is valuing these types of companies at roughly 20 times next year's revenue if not more. That would theoretically value Wavve at US$67/Share. WHAT AM I MISSING HERE??? A great management team; A fulls service closed-loop solution in a rapidly exploding market; a business plan that is executable and covers multiple international locations. HMMMMMM, if this stock doesn't have homerun written all over it, I don't know one that does.
For your homework fellow Wavvers, read the book NetProfit by Peter Cohan. Read it carefully and determine for yourself if Wavve fits every good thing there is in the world of internet investing.
See you at $50!!!!!!!!!!!!