Originally Posted by
socrates
I'm not sure I follow your logic..just because they are making adjustments to their development pipeline doesn't mean they dont believe in their product...certainly if that was the case they'd be exiting the business...MVCI has and continues to be a core part of MI's business strategy
when I said they dont believe I didnt mean in the Concept perse, but as a Financial investment at this juncture. I wonder if MRVC are dropping their prices but the same % if not more. I understand thats not the case
I was at a presentation a couple of months ago (not MR), when I wasnt biting the guy said give me a moment. He came back and offered me a unit that the buyer gave up on and purchased a yr before. He quoted me a price of 1/2 what a new unit was going for. I simply said so the value will be like a car in a yrs time it will be worth 1/2 of whatever Im paying, are your prices that Inflated? He then understaood no way was I gonna buy into something where the value of what I was gonna purchase was gonna be like lead in water, it Sinks and Fast