Thanks Valinvestor, I think I see what I missed. So I'm supposed to invest in a company because of Chris Morris's previous track record with CPU. The fact that he was first on the scene with them, with an innovative product and had a virgin market might be a small factor in CPU's success. I think I'll wait for WFM to sign up a couple of big international firms, may be Expedia would be a good start. I just wonder who does their advertising??? and is the product as good as WFM's. Hopefully the revenue for Wotif might just get them to breakeven. But I doubt it, it takes a lot of revenue to cover those BIG salaries and associated costs.
I did notice your sell recommendation and No stock position so I guess your not in the market to buy this stock at the moment and back that Chris Morris has picked a winner.
WFM Price at posting:
6.7¢ Sentiment: None Disclosure: Not Held
