Forum Archive Index - March 2002

["Jim Insley" <jinsley@paradise.net.nz>]

I have been away from communications industry for a long time now,but
Indranet smelled awful years ago. To be blunt,I do not understand how they
get away with it.


----- Original Message -----
From: "Jeremy" <jeremy@electrosilk.net>
To: <sharechat@sharechat.co.nz>
Sent: Monday, March 18, 2002 1:23 PM
Subject: Re: [sharechat] Indranet


> > I see that IndraNet Technologies are doing another public money raising.
> > Still developing, not yet even funding the roll out of their technology.
I
> > dismissed this firm three years ago when they first went to the public
for
> > money. Has anybody following them currently got any thoughts??
>
> I had a close look at them a year or two ago.
>
> In my personal opinion they have a very small amount of technology that is
> not unique in any way.  They cloud it up in a welter of techno-baffle that
> appears to be directed primarily at naive mums'n'dads investors.
>
> Other organizations have done significant parts of what they say they will
> do - for instance the distributed networking trial in Cardiff by BT has
very
> strong overlaps, but is actual realised technology
>
> I strongly recommend running very fast in the other direction from this
> company.  Their approach to getting money clearly targets uncritical
> investors.  This is a very bad sign.
>
> Jeremy
>
> Disclosure : My current business is provision of computer networking using
> wireless technology including distributed wireless networks.  I am not an
> OEM and have no business conflict with Indranet.
>
>
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