Rosetta Stone?

What do you guys think of this stock?  Their IPO blew up last week, and I see alot of potential in this company for the long-run.  They grew substancially from 2007 to 2008.  Have been seeing advertising all over the place for the past 6 months or so.  I personally bought Rosetta Stone to learn some basic Dutch, and I think it's an excellent way of teaching a new language.  So I definitely believe in the product, or at least the Dutch Level 1 version.  What have you guys heard about them? 

Yeah sorry, forgot to post the symbol.

 

RST

I don't like it, competition in their business is ferocious...........too much like a commodity.

 

 

I think this could be a great short. As lifemisspent says lots of competition. It seems every mall in the country now has a kiosk selling this, airports too. Total immersion in the country of origin is the best way to learn a foreign language, not rosetta stone's product. "Guaranteed." as they say

 

The price of this product is a big setback in my opinion. $199.95 for six months access to their site for the online version??? I don't see how this makes sense when there are so many free language sites and software around, $200 seems steep. All you have to do is research language learning sites and you can pretty much find this same content for FREE. The lessons are definitely useful, I tried their free intros but I can't see paying for this.

 

 

corporate contracts true and they don't care about price as much. I would think that the consumer market however big a part of their sales it is has reached a large degree of saturation already though. Looks like someone agrees as it was the only stock that made a 52 week low on Thursday.