POET Technologies Inc. V.PTK

Too Expensive.

[wintersun10]

So now Zacks says the gadgets are too expensive as customers cannot make money.

When Poet started this project at one point the selling point was the gadgets are 10x times cheaper than what is now on the market.
Of course that isimpossible, but i guess they meant 10% of the cost of the competition.

This was the big selling point. Cost. Simple to make, low cost. I guess that was before the alfabet soup samples that take months and months and months, but i digress.

So, what happened? Poet only looked at the list price, while the real prices are a fraction of the list price? That would be a salesforce issue. Or did other companies drop the prices over time? Other companies are not sitting ducks like Poet?

Just another sign, lets just say, not a good sign.

[pennyflipping]

I thought their gadgets are called doodads. All this technical talk really stresses me out. Lol

[pennyflipping]

Wait, I just remembered the proper lexicon for their products name. VAPORWEAR! Lol

[maestrodrumboe]

well,there goes their Motto slogan and their claim that their ware was the "fastest" ,"smallest" and "cheaper" than anything else out there.. Really,lol!! can't think of a better word than "VAPORWARE" Poets' product ( ware) was nothing but smoke(vapor),,Now,I suppose, that we are left with no choice, but to wait for the BIG BANG,folloing mor events