Packet8 financial status

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Tom Keating
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Packet8 financial status

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!

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