[clug] Transact Progress(?)

[Stephen Jenkin]

Transact's buisness plan was based on the uptake/use of Telephone, not
broadband...

Steve Jenkin, Unix Sys Admin
0412 786 915 (+61 412 786 915)
PO Box 48, Kippax ACT 2615, AUSTRALIA

On Sat, 23 Aug 2003, Andrew Pollock wrote:

> On Fri, Aug 22, 2003 at 03:01:40PM +1000, Carl Jackson wrote:
> > 
> > Despite the doom and gloomers I'd bet TransACT will pull thru - I heard
> > they are just about
> > to announce a major new backer.   I was at Paul Buddes Broadband
> > conference in Sydney this week and
> > he was predicting that Broadband revenues would increase by 20-30% per
> > annum for at least 5 years
> > Hard to go broke in that environment :-)
> 
> revenue != profit
> 
> It's very easy for a company with more outgoings than incomings to go 
> broke.
> 
> Andrew
>