its pie time!, page-106

Hey Zehav,

Read it again.

Firstly though, you need to find a telco that actually wants anywhere near this number. Clearly thats been a sticking point up to now.

Keep an eye out on the announcement from Telstra and PIE at the end of March to see. I'd say they will announce how many phones they're looking at rolling out.

It might not sound like many, but 600 phones will be much harder to place than you think. Especially if they;re going to average high session numbers.

Personally, I think the first announcement will detail the rollout of an additional 250 phones or thereabouts. I think it would take PIE 6 months or so to supply that many.

Either way, its easily the best scenario I could come up with.

I think the shakeout on the share price has probably seen its time. The stock is back trading at its 6 month average so no value is currently being given to the tesltra announcements.