[BC] Turning lemons into cherry cola

[Rich Wood]

------ At 07:03 PM 7/27/2006, Robert Orban wrote: -------

>I keep hearing all of this talk about iBiquity's "greed," yet no one 
>seems to want to acknowledge the 10+ years of R&D that iBiquity and 
>its predecessors (USADR and Lucent) put into development of IBOC 
>before they saw a dime of cash flow. They risked a lot of capital on 
>that project, and I suspect that they are still far underwater 
>financially when one considers their total investment.

Poor babies. Do you suppose they've spent what the satellite services 
have? As much as we hate oil companies, they spend money long before 
they see a return. The difference is that there's a market for their 
product and everything was in place before a single radio was sold. 
Was there a guaranteed market for the railroads before they built 
them. I believe it's called taking a risk. In this case, I see greed. 
They want a guaranteed killing even before they have a working model.

I'm afraid the IBUZ financial water level with their Keystone Kops 
marketing will rival the Mariana Trench.

Rich