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ID Systems Inc. Message Board

  • mjw59801 mjw59801 Apr 9, 2013 10:38 PM Flag

    Dbtunr.....

     

    See the 3-21-2013 presentation on the IDSY website. How do they estimate $100mm in revs over 10 yrs for 300,000 cars for sow#2? The math doesn't make sense to me....that's only $333.33/car over a 10 year period. If you extend sow#1 out over 10 years it amounts to $933/car.

    I'm having trouble with the math on sow#2.

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    • that is another reason I am down on the company. It looks like SOW #2 is severely discounted. Maybe because of larger lot sizes, they can manufacture in China and get bigger volume discounts. But that leads to all kinds of issues like quality and shipment delays, etc. These guys can't manage stuff in their own backyard. they are going to manage worldwide operations now?

 
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