The company should be considered a start up it was in other businesses, but those are being sold except for a small Internet venture that was used to launch the new business. Big though only tentative projections are possible at this point. But it may offer an alternative lower-speed rate to increase penetration. And this is just from the systems now under contract. That s a tiny fraction of the potential, but remember that at this point the company only has 1,200 subscribers.
Management is a plus.
The company has raised some money in private placements, but needs big bucks to rapidly build out its system. If the current market for Internet securities holds up, a debt offering shouldn t be a big problem. You can discount that potential quite a lot and still see SoftNet as a bargain compared to other Net stocks. The stock moved up substantially on the satellite acquisition and other favorable news. This is a volatile stock, but a strong candidate for both short and long term gains.