Cable Forum - View Single Post - Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]

thebarron · 06-05-2008, 16:49

Found this on an investor site:
http://boards.fool.co.uk/Message.asp...310&sort=whole

From my own perspective though:

1. Phorm has about Ã‚Â£1.50 of cash per share (warning fag packet calculation).

2. It's business model looks so full of holes that if it were codenamed "Emmental" then I doubt anyone would be surprised.

3. The public outcry against the business model and the legal questions add significant risk well beyond what any sensible investor should ever consider.

4. The Virgin denouncement that they don't have an "Exclusive Agreement" suggests that Phorm's previous claims to the contrary verge on the level of "actionable".

Common sense screams that Phorm is a complete raging short and that if it were 90% lower then it may just be the right price. Can I enter this in the CQ competition as a short? I'd type on the CQ board but there's a reason why I'm posting this at this point in time - I'm rushed off my feet.

06-05-2008, 16:49	#5840
thebarron Inactive Join Date: Mar 2008 Location: Bedford Services: VM 10mb, phone Posts: 52	Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797] Found this on an investor site: http://boards.fool.co.uk/Message.asp...310&sort=whole From my own perspective though: 1. Phorm has about Ã‚Â£1.50 of cash per share (warning fag packet calculation). 2. It's business model looks so full of holes that if it were codenamed "Emmental" then I doubt anyone would be surprised. 3. The public outcry against the business model and the legal questions add significant risk well beyond what any sensible investor should ever consider. 4. The Virgin denouncement that they don't have an "Exclusive Agreement" suggests that Phorm's previous claims to the contrary verge on the level of "actionable". Common sense screams that Phorm is a complete raging short and that if it were 90% lower then it may just be the right price. Can I enter this in the CQ competition as a short? I'd type on the CQ board but there's a reason why I'm posting this at this point in time - I'm rushed off my feet.