From a business case perspective I echo their comments. LT growth story looks good for ICQ hence the reason CRZ wants to jump on board. The Asian century will be a testament to that and for the average punter to stay on board for the long haul, they should reap the rewards. There is of course a number of risk with regards to competition, new IT platforms and so on as the journey/story unfolds. It will be important for ICQ to ride the bow of the wave and not jump off as challenges to its business model arise. Conversely, the firm backing of CRZ will be crucial.
ICQ Price at posting:
$1.33 Sentiment: LT Buy Disclosure: Held