Russell Shaw over at ZDNet has some insights into Packet8's recent quarterly report where it appears Packet8 is bleeding money. Russell suggests that Packet8 "pack it up pack it in" and sell to Sprint or Quest.
May I suggest that all their marketing dollars spent on product placement in shows like 24 and Alias be pulled back? Of course, there is the argument that the worse thing you can do when losing money is to cut your marketing budget. Marketing helps bring in business after all.
You should also check out Russell Shaw's new Streaming Media blog which I configured for him recently on our blog server. Welcome to the TMCNet blogging community Russell!
Packet8 financial status
Categories:
Technorati
Del.icio.us
Slashdot
Digg- Related Entries to Packet8 financial status
- ITEXPO West 2008 a Resounding Success - Sep 18, 2008
- Microsoft Response Point Adds T1 Support and SIP Trunking Service Providers - Sep 17, 2008
- Level 3 & Packet8 major outage - Jul 31, 2008
- Packet8 675xi VoIP for the SMB - Jul 24, 2008
- ACN IRIS 3000 Videophone & The State of the Videophone - Jul 15, 2008
- Packet8 MobileTalk on iPhone Adds VoIP Calling - Jul 11, 2008
- AT&T Dropping CallVantage? - Jul 03, 2008
- Flash-to-SIP Video Calls - May 27, 2008
- Packet8 Drops International Calling Phone Rates - May 07, 2008
- Packet8 Virtual Office Adds Salesforce.com VoIP Plugin - Apr 09, 2008
Listed below are links to sites that reference Packet8 financial status:
0 TrackBacks
Packet8 financial status TrackBack URL : http://blog.tmcnet.com/mt/mt-tb.cgi/12085
2 Comments
Leave comment to Packet8 financial status article
-
View my Microsoft MVP Profile:
Can someone answer me this:
After all the failures, all the lousy 10-Q reports, CUSA "mistakingly" dropping Packet8 from the shelves..... why does the CEO of this company still have a job?
Russell Shaw apparently never read the 10Q for any startup company (or probably any other). To avoid shareholder suits, they're ALWAYS doom-and-gloom, we'll go out of business if we don't get more money, etc.