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Old 20th Apr 2008, 09:24
  #853 (permalink)  
davidgreen
 
Join Date: Feb 2008
Location: Birmingham
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EOS is the one

EOS has been making a large loss but has just announced yesterday that one of its backers is giving it an extra $50m (subject to contracts). Confulsingly todays Sunday times reported that it needs another $50m but not that the money has been offered. EOS has been doing plenty of discounting and compainion flys free offers which has closed the price gap between it and Silverjet. It looks like EOS is going to be the VHS and Silverjet the Betamax in this market. EOS is eating into all of Silverjet markets. The yanks seem keener to invest and keep investing.
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