RE:RE:RE:If The Seeking Alpha Article Wrote Something Like This I agree craigbad that we should not look at every aspect of lens technology though the possibilities are there as this is the industry nex optics is in. I was illustrating revenue in eye wear, sports optics and the medical field. Eye wear and sports optics being some of the main talks as of late.
Craigbad wrote:
Imagine if they were able to get a deal with a leader such as Meade in the sports optics field!
If Meade sells $16 million a year and they were able to get in on the 14% of the market I would consider to be high end with a 10% royalty that would translate into $224,000 in royalties! Run, shorts run. I have stated before after initially doing my research that I see roughly $1-2 million in revenue for this company IF they are lucky in the sport optics field.
I believe the prpjections posted for sports optics optics industry luck or not to be misleading. May be accurate when judging a deal with Meade alone but not the sports optic industry.