Excellent points. Due diligence is constantly being carried out on this growing market.
What MNF have proved is that VoIP companies can achieve profitability through good management and achieve excellent growth rates without massive advertising expenditure. Word of mouth and referral business seem to be doing wonders for MNF.
The selected Nokia handsets are only being used atm for good reason. This will change if growth continues imo. WiFi is still a niche market but slowly growing and MNF have the ability/products to mainstream this market if/when required. WIMAX in OZ cities won't be anytime soon so not even worth discussing imo
MNF VoIP users appear to be saving a bundle, have very good clarity, excellent help/service issues, have choices of new and exciting product ranges and easy to understand guides.
If MNF experiences half the growth rate with its Virtual PBX, this stock will be one big revenue/profit machine.
Cheers, The Sparkler
MNF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
