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If you are long termer don't buy Geodesic .

anilmehta's picture
Submitted by anilmehta on December 23, 2009 - 05:00

It's difficult to understand that 1000 Cr market cap for a company that sells instant messaging software. I understand technology enough and never bought a single instant messaging app. I am not sure if I know many people out there who might have bought an IM. Why would you pay for something that's available freely. what ever could be the features.

Do you think american will be buying it ? I don't think so. They know more open source and free applications they we do. I am not too sure where is this company getting its revenue from ? That raises doubt , I might be wrong but be cautions out there my friend. You know what happened with Satyam and Austal coke.


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About anilmehta

Anil Mehta is a seasoned investor with expertise in Indian Equity markets.Anil published many white papers and columns on various magzines and newspapers.

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