TRAFICMASTER - Signs Peugeot with Smartnav

25wbh,

If they are 'subsidising the box' based on the amstrad/sky set-top box model then I will be over the moon!

The subscription base, albeit one that I suspect they will also lower, will make for a high quality earnings business that will simply be a cash cow (a la sky)....hmmmm...what price or p/e would you apply then..?

All entirely possible, so I do hope that they will use the profitability of the company as 1952Alan expects them to...

This begins to look better and better the more you delve into it.

regards

T..