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Ann: September Quarterly Activities Report, page-94

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  1. 1,347 Posts.
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    Issue i see at the moment is they have been growing about 100k customers anually. This recent increase in user number was giving confidence that this product would be purchased by a high percentage of email clients. It looks like that may not be the case. We may even find that the remaining uol customers end up dropping the product in this coming quarter. Gowth moving forward may be slower than expected.
    Additionally expenses have been creeping up, so the break even point appears to be an ever increasing moving target. Not sure they will reach it in the next few years.
    If i see growth in users and revenue reflected in their financials, my opinion on the company may change, until then ill watch from the sidelines.
 
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