Does anyone besides me think that the rosetta stone is a fad. Reminds me of Crox!
Dont get it wrong! I think it is a great software.
But can they really run as a large publiclly traded company?
What happens when we can all speak five languages? Will we still be using it?
Someone please prove me wrong!
I recently posted about this is another thread...
1. I believe that demand definitely exists for a language software. I think it is difficult for us Americans to understand this concept. Elsewhere in the world, being bi-lingual or tri-lingual is almost necessary. For non-English speaking countries, learning English is almost a necessity if you want to do something w/ business or international. In China alone, their exists demand.
2. Rosetta doesn't have a competitor... at least in the software department. Software will be cheaper than attending classes... provided one has a computer.
As long as the IPO is not outrageously mispriced, I think the stock should perform okay... personally I wouldn't buy it (maybe if it expands its business). The profit margins from a software company should be significant, nevertheless. Remember that other educational services/providers stocks are doing well (BBBB)... well enough to not be penny stocks.