is iinet stuffed?, page-5

  1. 764 Posts.
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    My sources have mentioned that their VPS product is selling exceptionally well, it was released a month late but after 3 months they'd already made up the revenue lost from a late release. I used to own as a staff member but sold when I left due to their policy.
    The company is full of extremely passionate, forward thinking people and knowing how much thought goes into a new product release - they don't just think "hey, this is cool, lets try and sell it!" - they have IRR calcs that prioritise and filter new product projects. Not sure if their expertise in infrastructure is lacking but they run a tight ship there and hurdles are quickly overcome. I'd say they'd have to be a buy at under $2. I was lucky enough to buy in a couple of years ago when they had their buyback at around 1.10
 
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