Thank you David. Very eloquent reply. The wa
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Posted On: 03/19/2018 6:16:41 PM
Re: DavidRFoley #88920
Thank you David. Very eloquent reply.
The way I see it, this is a very large pie. If we just get a small niche piece of it, we will be very successful. Quality product and good service at competitve pricing is a recipe for success. We are a 2 cent stock (actually much less than that now). People keep bringing in comparisons of apple, netflix etc. Companies that have stock prices in the hundreds and thousands. If we are even in the same sentence as them in market share, we are all millionaires many times over. No one company will ever dominate the steaming industry with total market share. We are a niche company looking for niche audience and carve out our nice revenue stream. Nothing more, nothing less. Lets go ahead and not worry about what Apple is doing and lets keep building a quality product.
By that logic, every grocery store, walmart and target would be out of business because of Costco.
The way I see it, this is a very large pie. If we just get a small niche piece of it, we will be very successful. Quality product and good service at competitve pricing is a recipe for success. We are a 2 cent stock (actually much less than that now). People keep bringing in comparisons of apple, netflix etc. Companies that have stock prices in the hundreds and thousands. If we are even in the same sentence as them in market share, we are all millionaires many times over. No one company will ever dominate the steaming industry with total market share. We are a niche company looking for niche audience and carve out our nice revenue stream. Nothing more, nothing less. Lets go ahead and not worry about what Apple is doing and lets keep building a quality product.
By that logic, every grocery store, walmart and target would be out of business because of Costco.
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