RE: Imagine if they never reduce... and PSN It wouldn't surprise me if that's how it all works out.
BTW... anyone see what happened to PSN (Poseidon Concepts) recently? They missed earnings but the shares tanked over 60%... disproportionately more than the earnings miss justifies in my view. Apparently competitors with older style tanks that are much more expensive to install have been cutting their prices by 75%. Not sure how long the competitors can keep that up before going out of business.
Also, prior to the recent drop, I thought that PSN was a little expensive given what they are selling is superiour, but still not without competition. But now I think it just might be worth picking up some shares since they still have a superior product and have been introducing complimentary products.
It follows an investing principle I read about either from Warren Buffett or Peter Lynch... that one of the best times to invest in a good company is when they hit temporary problems.
Haven't bought any shares yet... but thinking about it.