GREY:SXHHF - Post by User
Post by
horkalugion Feb 29, 2008 6:19pm
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Post# 14576939
Heard that before!
Heard that before!Now its IPODs that Sonocage is being compared to. With a company thats been compared to RIM, its understandable, and unfortunately laughable.
The market is saturated with earbuds. High priced earbuds will have a significantly smaller market. So explain to me how Virgin is going to save this Titanic stock, when nobody knows who Sonomax is.
I see the earplug as the simplest avenue for success. Its by far the cheapest product Sonomax has for mass production and distribution. The earbud on the other hand requires complex electronics and massive startup costs. Costs that the consumer will not pay for especially when there are chinese made(at Wal Mart) as good for a fraction of the cost.
Commish's math is not conservative but highly optimistic considering the only people who have heard of Sonomax are the shareholders.
The guy who sold the million plus shares must be seeing something dark in the Sonomax future. I think it may be something more obvious than everyone thinks.