Outstanding Shares
There seems to be a lot of complaints about the number of outstanding shares Spectra7 currently has. Around 600 million...after all warrants are accounted for.
A lot, for a networking hardware company... Right. Too many?
Hmmmm
Well, there is One other networking company that had a similar number of shares in its early days... It was (and still is) called Cisco Systems.
Yes, in 1997 Cisco had 669 Million shares outstanding.
Seems to me That networking company still did OK..... Wonder how this one will do.....