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Steven Kiel
Steven Kiel
Articles (136)  | Author's Website |

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June 12, 2012 | About:

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Rating: 4.0/5 (23 votes)

Comments

vchaser
Vchaser - 4 years ago    Report SPAM
At first glance, it seems reasonable to bet $1 for at least $1.08, but counting the time of 2 years, the return is not that attractive. IQStream has been marketed in UK, but looking at the situations in Europe, the chance of winning the lottery is so tiny.
slkiel
Slkiel - 4 years ago    Report SPAM
Hi Vchaser- thanks for the note. The stock does trade for less than 15% of NAV right now, so if you wanted to play it as a net-net strictly and forget about IQstream, it would also be attractive. Over the years it has fluctuated above and below its NAV and it generally has been a good bet to simply buy below the NAV and sell 10% or so above it. The difference now, though, is that there is a chance, albeit small, that this product could hit. Even if nothing comes of IQstream, it's very likely that at some point over the next two years shares will again trade above NAV. My 8% analysis is if you're interested in just waiting it out to see if IQstream is picked up, and it also assumes that shares don't fluctuate above NAV.
Vipul Patel
Vipul Patel - 4 years ago    Report SPAM
AT&T just announced that they will retire 2G in 5 years. This should reduce the market into half I guess if other networks follow suit as well( which usually in the norm in telecom)
tobiasberr
Tobiasberr - 4 years ago    Report SPAM
In hindsight, one is always smarter.

two months after your recommendation,

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