I knew it, I shoulda bailed out when these hit almost 130. Instead I placed a bit of faith in BLZ and held on. Result? down below 100 again. I've never been able to successfully time this bugger at all.
It does strike me as odd that BLZ recruited a whole load of people during a time when that raised people's eyebrows, when the telecoms/3G industry was in decline. I seem to remember people on this bb arguing that BLZ must know something we don't and that by hiring rather than firing they must know what they're doing etc etc.
Now we have a situation where there is a glimmer of hope for companies like BLZ, tons of MMS advertising and it looks like 3G is here (well, almost). Yet, they go and fire 70 people.
If they succeed in winning big contracts such as VOD then they're gonna need to start hiring again. This doesn't make sense because it costs money to fire people and hire people.
Maybe BLZ know something we don't. Maybe they know exactly what they'rfe doing.
They're not going to win the VOD contract in my opinion.
Having said that, maybe they will. The thing is, we just don't know. But I know that something isn't quite right and time will tell.