100 + cr spent on wearables seems way too high. Results are of course nice, but people dont trust that numbers are correct. Lycos rank of Alexa is nothing to write home about and wearables we have newer and nimbler players. Most importantly, if the company is good at digital marketing, then why not increase focus on that and become world beating there (inmobi does not come and discuss wearables and bitcoin?). Finally, in case of any such doubts, we should never buy company unless it makes a new 52 week high. Discussion on bitcoins etc also seems irrelevant to me.
Subscribe To Our Free Newsletter |