RE:RE:RE:RE:RE:Hmm..New Google Daydream standalone headset..NCT, I have been pretty negative on VR for some time as I’m sure I’ve said before because of apparent slow growth. It looked and still looks and I think S7 agrees that the future of the company is in DC.
Now that wireless is much closer than the “several years” we and the company talked about was apparently off, there is no reason for added optimism at this tiem. I’m not willing to bet against Google.
When I posted my projection I was told it was too pessimistic. I based it on big growth in DC and some growth in VR. But who really knows? We and the company are all guessing and hoping. But what got me is some, probably not technical experts, totally disregarding Google and their partners betting on wireless.
I don’t know what will happen but I’d say there is a good chance a signifiant portion of VR/AR will be wireless. We’ll know something in a couple of quarters. Even at $20 million in revenues in 2017, applying a factor of 5 to revenues only gives $100 million. Even without dilution that’s 70 cents a share in ten to twelve months. I think that figure is close to what I said a couple of months ago in that projection. Sure if DC is a big hit we’ll be in the multiple dollar range in a few years. I prefer realism to wild optimism especially in a fast-changing technical field. Perhaps this is why analyst estimates are in the 60 tto 70 cent range. It's S7 investors on this board who may be deluded who think the analysts are all wrong.
I still havce most of my shares and will be sticking with it until S7 hits or fails to deliver.