[MLB-WIRELESS] Interesting article in BRW

[David Saab]

Oops.. Normally I take my signature off for posting to the group.

To answer your question Dean, we are an investment bank specialising in
IT firms. We also have incubator products.

Regards,

Dave.

-----Original Message-----
From: Dean Collins [mailto:dean.collins at bigpond.com] 
Sent: Tuesday, 9 April 2002 9:31 AM
To: dsaab at saabenterprises.com
Subject: RE: [MLB-WIRELESS] Interesting article in BRW


BTW what does SAAB enterprises do during the day?



 -----Original Message-----
From: 	David Saab [mailto:dsaab at saabenterprises.com] 
Sent:	Tuesday, 9 April 2002 9:18 AM
To:	'Dean Collins'
Subject:	RE: [MLB-WIRELESS] Interesting article in BRW

I'm happy to give permission to respond via the mailing list. Sorry, as
per usual, I forgot to cc this to the list.

Best regards,



David Saab
Saab Enterprises Pty Ltd



Basically that's were I left it, I did my initial research said I wasn't
quite comfortable with the size they were at (or their projected growth
strategy) and feel free to give me a call when something significant
breaks. Admittedly it did help that I knew a few contacts with their
major vendor ( I was doing some contract work for the Cisco internal
business development
group) so I got to see both the public and internal story.

I think there is great potential in the area they are looking to develop
but I think that this strategy needs to be played out rapidly otherwise
it will be dominated by aggregators such as Joltage or Sputnick.

BTW Raising $5m isn't difficult and doesn't carry much weight without
knowing how/who the capital was raised through and what valuations were
obtained for that capital.

I haven't replied this to the open forum because you emailed me directly
but if it is ok with you can you email me with your approval to do so.


Cheers,

Dean


 -----Original Message-----
From: 	David Saab [mailto:dsaab at saabenterprises.com]
Sent:	Monday, 8 April 2002 5:27 PM
To:	'Dean Collins'
Subject:	RE: [MLB-WIRELESS] Interesting article in BRW

That is a good point Dean, but still just because a firm has only 8
staff, does not mean that it can't do what it is positioning to do.

Further in the same article I see it mentioned that they successfully
raised $5 Mill in seed, and that means that it seemingly has some
substance to it.

My point here is not whether or not that this either proves nor
disproves that this is a good company, but simply but that we can't tell
or judge from the information given.

Seemingly they are doing the right things from raising, to trying to
build a good team (headhunting good people? :-) ) and communicating to
the market their intentions. I think its worthwhile sitting back and
keeping an eye on them.

Regards,

Dave.


-----Original Message-----
From: owner-melbwireless at wireless.org.au
[mailto:owner-melbwireless at wireless.org.au] On Behalf Of Dean Collins
Sent: Monday, 8 April 2002 4:51 PM
To: darrend at natwide.com.au; melbwireless at www.wireless.org.au
Subject: RE: [MLB-WIRELESS] Interesting article in BRW


I was pitched a role with Azure by a head hunter some months back, took
one look inside the cupboard and it left a lot to be desired and very
different from the public image that is portrayed. When this was first
put to me they were made to sound like they were going to take over the
world (with a similar pitch along the lines of Australian Wireless).

At least in this article they mention they have only 8 staff

Cheers,

Dean


 -----Original Message-----
From: 	owner-melbwireless at wireless.org.au
[mailto:owner-melbwireless at wireless.org.au]  On Behalf Of
darrend at natwide.com.au
Sent:	Monday, 8 April 2002 4:37 PM
To:	melbwireless at www.wireless.org.au
Subject:	[MLB-WIRELESS] Interesting article in BRW

Saw this article in BRW http://www.brw.com.au/stories/20020404/13997.asp

Their website at  http://www.azure.com.au



Darren Dreis
IT Manager
Nationwide Digital Products P/L
Tel 03 9548 9444  Fax 03 9548 9040



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