| What RED FLAGS? Dr. Kaps....there were no red flags. Borislow is the most intelligent and aggressive no-nonsense CEO in telecom today. AT&T is fearful of what his company brings to the table. Rest assured, this $150 million company will be $1Billion value or buy-out within 12 months. |
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 vpokoPremium
join:2003-07-03
Boston, MA | Off the top of my head, an anonymous poster randomly showing up to boast about a company's future stock value is a big red flag. |
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Reviews:
 ·magicjack.com
| reply to FemGuy
said by FemGuy :
Borislow is the most intelligent and aggressive no-nonsense CEO in telecom today. I don't know what to make of him. He hasn't added any new features to MJ since its release 2-3 years. (Removed "do not disturb." And, added a 3G choice to the softphone -- on the title bar where it is easy to mistakenly choose, leading to the advertisement window being used as a tool-tip to warn users not to use that feature.).
Customers have been asking for an always-on ATA service from the beginning. Virtually nobody was asking for a femtocell. Yet, we get a vaporware femtocell.
That doesn't look very aggressive to me.
Meanwhile, competitors have begun to eat into MJ's market with serious products. Like NetTalk's combo USB/ATA device. When asked about NetTalk, Dan had an unprofessional meltdown a few months ago.
From my perspective, both MJ and VOCL were innovative leaders who established a beachead, and could have been a game-changer. But, neither could take it further. VOCL ended up being a bystander. MJ appeared to be headed toward the same fate.
I believe they joined forces to litigate a leadership position (using combined patents) they couldn't earn through actual offerings.
To me, it's hard to fathom why Dan would buy another company (which was stuck in a rut) when it seemed like his own company had fallen into a rut. It's going to be interesting to see if he exhibits more leadership than he has the past 3 years.
said by FemGuy :
AT&T is fearful of what his company brings to the table. Rest assured, this $150 million company will be $1Billion value or buy-out within 12 months.
I guess this will be the largest fallout of MJ becoming a publicly-traded corporation: stock pumping. |
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drkaps
join:2008-09-19
Burlingame, CA | reply to FemGuy
femguy, let's see... paying yourself $1.1 million for "good stock advice" when you are the CEO of same company... giving yourself an $8 million bonus for a year of losing $22 million on just $117 m in revenues... there's two red flags to start.
Then there's a whole bunch of "we may get sued for patent infringement" stuff in between the lines. Oh and since it's an Israel-based entity, well they just may not report all the things that a regular NASDAQ entity would report. If these things don't bother you, well go ahead and invest.
I've met Borislow personally and have interviewed him over the phone several times, and find him to be extremely knowledgeable about all things telecom. And the MagicJack equipment and network seem to work. But even simple conversations with him spend a lot of time in the grey areas of reality; and the weirdness of this whole transaction is just smells bad.
Good luck with your billion-dollar bet if that is what you believe; from here it looks like Borislow is robbing the piggy bank right now to get what he can before reality sinks in. There are reasons why companies choose to "go public" in such a fashion, and it's rarely because anyone sees a $1B payoff in the near future. |
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