I agree. I was nodding my head when he went off on his little tirade about how UBNT users are supposedly fanatical about their gear. Well… yeah I can think of more than a dozen people here who have been chugging the Kool Aid for years now. I’ll run out of fingers if I try to count how many networks I’ve helped set up just because I was excited to get friends and family off their crappy Walmart routers.
Chris Wright Network Administrator From: Af [mailto:af-boun...@afmug.com] On Behalf Of Adam Moffett Sent: Tuesday, September 19, 2017 4:42 PM To: af@afmug.com Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? I was not convinced by the argument that they're "too successful". Some Ubiquiti users actually are evangelists, in spite of Left thinking that's not possible. They do have disruptive products in spite of what Mr Left thinks. Left picked on outsourcing engineering to Latvia like that was obviously stupid....when Latvia does in fact make electronics. So he's clearly not infallible. If the only reason for the empty office photos is that they moved, then that's a huge oversight on Left's part. Seemed like a smoking gun, but I assumed the person writing the report is smart enough to find Ubiquiti's current address. Maybe I assumed wrong. The forum being full of bots and lurkers seemed bad at first pass, but in hindsight I guess all forums are full of bots and lurkers. He also claimed that the amount U.S. distributors buy from UBNT is incongruent with their claimed sales. It could still be right if it's like 90% overseas. Is it? How do we know? Just askin. ------ Original Message ------ From: "Josh Reynolds" <j...@kyneticwifi.com> To: af@afmug.com Sent: 9/19/2017 7:21:08 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? I see few points I'm worried about. They moved into a different office in SJ, I know that much. That happened maybe a year ago? Taiwan thing is worrying. I believe the Chinese mob tried to cause problems for them awhile back. Few years ago. On Sep 19, 2017 6:07 PM, "Mike Hammett" <af...@ics-il.net> wrote: I wouldn't be concerned about most of those. Which points are worth addressing? ----- Mike Hammett <http://www.ics-il.com/> Intelligent Computing Solutions <https://www.facebook.com/ICSIL> <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> <https://www.linkedin.com/company/intelligent-computing-solutions> <https://twitter.com/ICSIL> <http://www.midwest-ix.com/> Midwest Internet Exchange <https://www.facebook.com/mdwestix> <https://www.linkedin.com/company/midwest-internet-exchange> <https://twitter.com/mdwestix> <http://www.thebrotherswisp.com/> The Brothers WISP <https://www.facebook.com/thebrotherswisp> <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> _____ From: "Adam Moffett" <dmmoff...@gmail.com> To: af@afmug.com Sent: Tuesday, September 19, 2017 6:01:14 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? The content. It takes a whole lotta splainin to make all the anomalies make sense. ------ Original Message ------ From: "Mike Hammett" <af...@ics-il.net> To: af@afmug.com Sent: 9/19/2017 6:55:22 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? The report itself or what the report revealed? ----- Mike Hammett <http://www.ics-il.com/> Intelligent Computing Solutions <https://www.facebook.com/ICSIL> <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> <https://www.linkedin.com/company/intelligent-computing-solutions> <https://twitter.com/ICSIL> <http://www.midwest-ix.com/> Midwest Internet Exchange <https://www.facebook.com/mdwestix> <https://www.linkedin.com/company/midwest-internet-exchange> <https://twitter.com/mdwestix> <http://www.thebrotherswisp.com/> The Brothers WISP <https://www.facebook.com/thebrotherswisp> <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> _____ From: "Adam Moffett" <dmmoff...@gmail.com> To: af@afmug.com Sent: Tuesday, September 19, 2017 5:53:04 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? My first reaction is they've sold a gazillion units of M series, AC series, Unifi, etc so why would they have to cheat? Now that I've read the actual Citron report, I found it ......unsettling. http://www.citronresearch.com/citron-exposes-ubiquiti-networks/ ------ Original Message ------ From: "Jeremy" <jeremysmi...@gmail.com> To: af@afmug.com Sent: 9/19/2017 12:26:46 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? Well, three law firms representing UBNT investors have launched investigations today. I think I will wait and see what they find. "NEW YORK, Sept. 19, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ubiquiti Networks, Inc. ("Ubiquiti" or the "Company") (Nasdaq: UBNT). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ubnt." "LOS ANGELES--(BUSINESS WIRE)--September 19, 2017-- Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Ubiquiti Networks, Inc. ("Ubiquiti" or the "Company") (Nasdaq: UBNT) concerning possible violations of federal securities laws." "SAN DIEGO, Sept. 19, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Ubiquiti Networks, Inc. (NASDAQ: UBNT) ("Ubiquiti") and certain of its officers. Ubiquiti develops networking technology for service providers, enterprises, and consumers worldwide." On Tue, Sep 19, 2017 at 8:57 AM, Adam Moffett <dmmoff...@gmail.com> wrote: Interesting article. They've had a high operating margin for a long time so if it was some kind of trick then it would have come to light by now. You can't make imaginary money for very long. ------ Original Message ------ From: "Jerry Head" <li...@blountbroadband.com> To: af@afmug.com Sent: 9/19/2017 9:31:02 AM Subject: [AFMUG] OT. Is it time to buy UBNT stock? https://goo.gl/JqRHCV
