You would imply that I have lived on a deserted island these past 5 years, drawing faces on old foot balls.
Sorry.
The kiosk idea is not going to set the eps stats on fire.
Good sustainable ideas catch on fast and grow exponentially, like digital cameras, mp3's blackberries...wireless internet capped bargains.
At one stage nearly ten years ago now, this co knocked hard on the door and stuck it's foot in the gap.
At that point in time it had little competition.
Wireless internet was as expensive as car phones were in the 70's
The door owner has been cutting off that foot's circulation ever since.
It never had the resources to push its shoulder into the door,to make a summary door to door sale,,, and for good reason.
Bean counters could never be convinced that this enterprise would be sustainable given the inability of public small caps to strike swiftly.
Wireless Internet value relative to economies of scale and the absolute cut throat nature of any telco related business model should not be overlooked... Lest you wake up one morning owning a telco equivalent to Kodak Eastman's film developing arm.
The units are unattended targets in the secure western world, which is their ideal environment.
Ring the co and ask them how often a unit returns for repair in the IDEAL environment.
Then ask yourself ... how much share holder value will be eroded by vandalising and subsequent maintenance when units are placed into second guess less ideal environments.
Pie was a good interim concept at the time, just as film processing business models were prior to the digital revolution.
It has had plenty of time to be embraced by the consumer.
The consumer's vote is compelling
The consumer is always right.
The consumer says.....luke warm to uninviting.
imi are in a similar but dodgier position.
lum, fut, for example are further down the black hole than imi and pie.
NWZ Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held
