OTCPK:VRXWF - Post by User
Comment by
SurfForWealthon Oct 13, 2004 6:54pm
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Post# 8044412
RE: To listen
RE: To listenThe link works fine. I listened to the entire CC. It appears that the company felt growth constrained by the Expedia exclusivity. The strongest area of growth is the hotel content and that is the part that Expedia had exclusivity built in to protect their interest. VRW wants to continue to serve Expedia without those constraints. It appears that this will happen but they need to negotiate the terms on which the relationship will continue moving forward. While there is certainly some risk in the new strategy for VRW, there is also much to gain as they open the doors for solid expansion and growth opportunities. The next 6 months should prove very interesting for the company.
Personally I see no reason to sell the shares at this level. The stock is beaten down and there is good potential upside if things work out well. To date the company has been successful in many ways and may well continue to be so. Of course if you have low risk tolerance, you shouldn't be in such a stock anyways. Cheers!!!