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Technology Stocks : Pandora
P 8.3800.0%Feb 26 3:00 PM EDT

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To: Lahcim Leinad who wrote (11)7/2/2011 7:10:28 PM
From: engineer1 Recommendation  Read Replies (1) of 44
 
what kind of bait and switch management is this?

they start out wtih a great concept and have the user paid by ads. They get lots of subscribers, now they do everything in their power to mess with the people who gave them their IPO valuations.

How can a REALISTIC CEO put forth an IPO based on a money losing business plan? they lose money on people who enjoy the music too much, so they send out threatening emails and shut down the service every 5 minutes just to "entice" you to buy their service for $39.

At FREE they were a play, at $39 a year and all this drama, they are now irrelevant. We will have to wait for the next startup to come along who CAN operate it on ad revenue and users clicks. There is a reason that Yahoo went down in flames and Google is a cash machine.....they were SECOND to market.

How can you post anything about EBDTA? They are in a loss position now and destined to remain there for awhile unless they trap enough users into paying them, but what do the users get if they have to shut down due to large losses at the end of 6 months?

the algorithm they had was great, their business model was a mess. Too many of these social networking and web based IPOS are flying out the door without anyone doing REAL due diligence. 1999 dot.com boom again?

Are we really back to the stupid investor with the greater fool theory now to sell off after the IPO?
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