GREY:AZDDQ - Post by User
Comment by
bobo2000on Jun 12, 2008 11:49am
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Post# 15177477
RE: $135 oil. 28 cent stock...
RE: $135 oil. 28 cent stock...I have to agree. If AZD cannot get any traction at $135 opil than it trulyis a dog. All the nicePR about hybrids does not amount to #$^!# if you cannot produce. AZD has proven that they cannot produce an economically viable product. The product may work but the ecomomics seem to suck air when balanced against other options that prospective buyers may have. Maybe you save 40% on fuel but if it takes you 15 years to recoup this with no guarantee that the product will even last that long, many will go with the status quo. AZD has to get the price down or they will never sell at a volume needed to become profitable. My guess is that they will disappear with in 18 months and I will have a tax loss for next year. Nothing they have said gives me any confidence that they can break even before the cash is burned and they cannot go back to the well as it is now dry.