DivX Goes Public
You know… I knew I was forgetting something this morning when I walked out of the house… DivX was going public today! How the heck could I forget a thing like that!? Davis Freeberg’s Digital Connection » Blog Archive » DivX Unmuzzled – The Quiet Period Ends
I think they’re poised to do some might awesome things with all that extra cash. I’m actually thinking of getting in for a long position. Here’s why… what with the recent valuation of YouTube and how they exited. I’m thinking a public DivX (and their cash positive earnings to date) they’re in a MUCH stronger position than even YouTube was… better technology, Stage6, etc.
Good story there.
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