Member Info for dumbdog

Uncertain, erratic, bipolar, scitzophrenic traders/computers or just plain fun-loving pace shareholders. Hold onto your seat for the next ride on this rollercoaster!

Hi George, I suspect the major factor is uncertainty and a collective desire to sell. Fundamentals seem to be unchanged, a consolidated market has higher risks associated but I am sure ATTs decision to takeover DirecTV was not driven by a model for reducing sales. On the other hand, if the news was of technology failures I would be concerned. Just a great opportunity to chip in with more IMO.

Emotions are frothing on the Nasdaq as punters get a dose of the heebie jeebies. But with respect, the Pace 3 month chart remains positive and all that on the back of a blistering 12 months. I would say that the Pace board should reflect on the dividend. Investors do take considerable risks and if Pace are to convince investors of their business credentials, a 2% dividend would be a fitting jesture.

Thank you for sharing this with us. I have to say the analysis from JP Morgan is flawed in respect of the fundemental market offfering from Pace today. I would say 3 years ago the set top box made a leap forward by realising its destiny was to become a home server. The old idea was the set top box sat underneath the tv and decoded the satelite signal or cable signal for the tv. This old idea is what JP Morgan are basing their analysis on. In this scenario the smart tv and ipads would be a threat. But Pace's home server is very smart, check this out! The home server connects wirelessly to wide-screen tvs, ipads, pcs and any other wireless devices (printers etc) in different rooms. The home server decodes terrestial, satelite and cable signals and with no fuss offers video or web based content from global media providers. It is clear that the potential for Pace's home server is grossly under-estimated and why I predict continuing strong performance from this company.

Last week saw Noel Edmonds making the case that the BBC's license fee does not sit well in today's media market that is now diversifying with increasing maturity. In fact the BBC is very well placed to expand into the global market place should it adopt a subscription based market offering where 3 billion potential customers are. The BBC's time is running out though and Facebook will enter this sector in the medium term. Facebook need no encouragement spotting opportunities that are being presented by Pace's Home Server technology. Today they purchased a company for $2bn that offers an upgraded virtual reality product in a rerun of the 1980's craze. While to concept of virtual reality has challenges for user acceptance, the sophistication of the gaming experience will act as a counterbalance. Meanwhile sales of Pace's Home Servers will be driven.

Hi Laguerre, Yes, Pace has been a natural target for MMs over the years attracting the attention of the Church and Arabian princes with a few £10Ms burning a hole in their pockets. All adds to the intrigue!

Hi Southsat, In a rerun of the previous week, your forecast of 500p was again scuppered by profit taking on Friday at the recent high mark. It was illuminating to see Poundland performing well as sentiment switches away from supermarkets in today's high street trends.

Hi Soutsat, Your last week's predictions of stock price for Pace were remarkably accurate but got blown off course at the last minute by profit takers. 500p by this Friday? I watch with interest. :) For some time now, I have been watching chess.com tv following the recent world championship final that Magnus Carlsen won and many other chess shows that chess.com host. These shows allow viewer participation by means of a chat window that presenters watch live. This format is well apprieciated by viewers and in my opinion will drive growth in a much diversified home entertainment market. The home media server that Pace now supplies enables multi-user, multi-device delivery. It also must be noted that one is now receiving media content via the internet from around the world. In the British market, while we all love the BBC for the quality shows it produces from time to time, the internet and the supporting technology provided by Pace enable a much richer media offering. I am now of the opinion that the BBC license fee is unfair and does not represent value for money in today's media market.

Hi Southsat, The brokers are all over the place on trying to value Pace's share price. Today's news that Martha spotted for us will add to the brokers' dillema. It is clear that brokers are just reacting to events and their forward view is clouded by past events. This presented and still presents a window of opportunity for investors. I understand Laguerre's not wanting to tempt fate in suggesting the share price will top 1000p again, but two major factors between then and now is Mike Pulli and the USA. A shrewd investor in Pace who set out by investing £1,000 in 1999, who sold out in 2000 at the top of the market and then reinvested at the low point, would now be sitting on £1,000,000! Today it was announced that the UK(with or without Scotland) and Germany are to jointly develop 5G with data rate of up to 1Gb/sec! A full feature length film would be downloaded in less than 1 sec. The mind boggles at what this will achieve (beam me up Scotty!).

Hi Laguerre, you are spot on with your observations. Back in 1999 I worked in Shipley, Salts Mill, in development and under David Hood, Pace's founder. At that time business was precarious, share price was as low as 17p, but there was always the prospect that the then new 'Digibox' would take off. It did briefly and as you observed, the share price hit over 1000p. But there were always technical issues and production delays that our distribution networks found frustrating and ultimately unacceptable. Pace lost momentum. At the time management was weak and had a poor grasp of the vision of where Pace's future lay. Enter Mark Pulli and his team. So far he has met all his goals bar none and has a clear vision of the product's evolution. Aurora networks are pivatol in this respect and as you observed, enable key functionality. The battle lines in this market are drawn. Mobile phones, ipads, pcs and set top boxes as the delivery point for home entertainment. In my opinion, set top boxes will dominate this domain as the capabilities of rival products fail to match the increasingly specialised nature of this market offering. What of Pace's share price? Again, in my opinion it will make good progress over medium term. 1000p is not out of the question over 12-24 months. Mark Pulli's team must keep meeting the set goals, nothing else. I left Pace in 1999.

I get the vision at Pace. Mixing TV content and broadband content is the next big thing. For example, you are watching Dragon's Den and in the corner of the screen is 'Go Interactive'. You click this. A menu pops up offering a host of features, linking to websites. So you can rate the product, rate the presenter, contact the company making the pitch etc. Dating, food, holiday, antique shows become much more interactive and fun. It makes facebook look lame by comparison. Analysts already predict this market will surge from $4bn this year to $26bn by 2017. This market is technically complex with Pace holding a dominant position. Pundits who said set top boxes were dead are so wrong and lack vision. :)