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Tom Murphy
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Great Model
Tom Murphy   7/29/2013 2:45:31 PM
IMHO, it's a nifty business model. Effectivley, the company is following a service model -- taking a flat fee and/or perhaps a share of long-term profit for very little risk.  I think there will be customers that need and want that, and are willing to pay.  It doesn't have many hard assets, but it does have contracts that, I suppose, would be quite valuable over the long term.

What's not to like about that? 

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