I say "the concept isn't new" and "point to other apps"? Apps?!
Do you actually get what you've invested in??
The concept is fundamentally sharing media content (pictures, video). An app is the mechanism by which NWZ does this itself. But guess who has been sharing media content for years....media companies. However, they currently rarely pay for content from the public. Why? Mainly financial payoff. It's possible they may be wrong and if so, and NWZ does become successful, there still is really nothing to stop big media companies from easily doing something similar (or buying NWZ out). The statement is perfectly plausible, take time to digest it. And the FB comparison, really??
To the more informed and unemotional holders, my post was half-statement, half-question. Interested in your views, particularly around the second part regarding LT future of NWZ.
NWZ Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held
