RE:RE:RE:RE:RE:RE:What happened?As I said I believe Kroger is only ordering boards as needed. Each board, I am guessing, is only about $250. Once they receive the boards they have to install them into the Zooter equipment. So I expect they only ordered enough to satisfy the six months or so (maybe 75 - 80 stores?). Once the 20 test stores were done and the kinks worked out they would have a better idea on production going forward. If this is plausible then we should see another order soon, maybe the same size or a bit larger.
There are so many companies involved in the end product that I am not suprised we have few details (they may want secrecy) especially now when they are just starting. If it was Ruckus (or any other established company) do you think we would get that info? I don't think so. Again this is only my personal opinion and analysis. Oddly enough I am very encourged as to how YFI is doing. It is still early days. For a long term holder the stock movement to date is just noise.
RoyallyScrewed wrote: macaw, with 'just in time manufacturing management' P.O.'s are filled immediately as they are issued to meet production, not 6 months or more afterward. We have only been told a small piece of the order details, the amount. Would it not be beneficial to say the number of units sold, when they are to be delivered and payment due, and what the potential is? Not saying those important things causes investors to resort to speculation in a negative way because good things to say are usually said with gusto.
macaw wrote: I would assume they (Kroger) would want Just in time Manufacturing / purchasing.
RoyallyScrewed wrote: Highlight below should be .16. Just noticed my mistake, LOL.
While I'm here, who thinks the financials should have some or all of the $1.1 million order delivered and paid for? That's about 1800 units at $600 a pop.We're at about 6 months in from the order. Even a small chinese shop can produce 20,000 wifi boards a week. Are there any expectations at all here?
RoyallyScrewed wrote: Skibum, If you want a cheering gallery for no other reason than to try and feel good on a stock going sideways, I can do that (but I wouldn't be sincere). Is it really me sucking the life out or it is the lack of results dragging on and on. I'm not preventing revenues.
FWIW, I'd still buy a few at .16. Buy low sell high. Even a sell at at .20 is a 25% gain outside of your core holdings. On the plus side, Echelon is expecting to get their money back at .24 somehow and at some point. They aren't a charity organization. But also be advised that they don't fall in love with stocks. They take profit when it's in their grasp (and know when to take a loss). That wasn't exactly a cheer but it's my honest opinion.