Want to swap for some keyon?

On Sun, Sep 15, 2019, 9:58 AM Chuck McCown <ch...@wbmfg.com> wrote:

> They had hoped to get enough users that they could become a major market
> influencer with promotions.  I still think that model could work.  That is
> why I invested big ($250) on them.
>
> Sent from my iPhone
>
> On Sep 15, 2019, at 8:40 AM, Ken Hohhof <af...@kwisp.com> wrote:
>
> Seems to be another case of sell below cost and make it up on volume.
>
>
>
> Specifically, their strategy seems to have been to sell subscriptions for
> $10/mo allowing you to watch up to 30 movies per month, yet if you watched
> even 2, they lost money.  They got investors to make up the difference
> between revenue and costs.  Apparently they thought if they got enough
> subscribers, the theater chains would be forced to negotiate discounts with
> them.
>
>
>
> What could go wrong?
>
>
>
> 1)  The money would run out.
>
> 2)  The theater chains would offer their own subscription services.
>
> 3)  All of the above.
>
>
>
> A surprising number of big name companies lose tremendous amounts of money
> selling below cost, with investors making up the difference.  Like Uber.  I
> suspect all the new video streaming services are selling below cost to get
> market share.  Eventually there is always a day of reckoning.  Either the
> investors lose their money and the company fails, or the prices get jacked
> up.  But investors keep throwing cash at these startups, hoping to get in
> on the next Amazon.
>
>
>
>
>
> *From:* AF <af-boun...@af.afmug.com> *On Behalf Of *Bill Prince
> *Sent:* Sunday, September 15, 2019 9:14 AM
> *To:* af@af.afmug.com
> *Subject:* Re: [AFMUG] OT stock for sale
>
>
>
> Get any Enron?
>
> bp
>
> <part15sbs{at}gmail{dot}com>
>
>
>
> On 9/14/2019 7:46 PM, Chuck McCown wrote:
>
> Oh, I had some of that too!
>
>
>
> Sent from my iPhone
>
>
>
> On Sep 14, 2019, at 6:50 PM, Rex-List Account <xorex63l...@gmail.com> 
> <xorex63l...@gmail.com> wrote:
>
>
>
> Willing to trade for MCI stock?
>
>  From: AF [mailto:af-boun...@af.afmug.com <af-boun...@af.afmug.com>] On 
> Behalf Of ch...@wbmfg.com
>
> Sent: Saturday, September 14, 2019 4:20 PM
>
> To: af@af.afmug.com
>
> Subject: [AFMUG] OT stock for sale
>
>  Anyone want my moviepass stock.  Make you a good deal.
>
>
>
>
>
> Virus-free. www.avg.com
>
>  --
>
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