The $10 million dollar buyer from last quarter will strike again and bring shares up to the respectable sixes. Any sniff of positive news or foreward progress or even another 10,000 shares bought by Hoby would ignite this thing. I posted about six months ago, "what's the downside?" I still believe it is nothing more than a waiting game. This company is valued as if it were going out of business in a month or two. I Just don't see it. Gaming is off to a great holliday start as well as BBY. Just sayin'...
From the call last quarter, Hoby indicated that a large portion of expenses were due to the final closing of the 2nd branch location. The goal was to slash the SG@A and it should now be evident moving foreward.
Hit it on the head. Reactive.. Would it really hurt to at least have One oferring in wireless for goodness sakes. I'm a skull fan for multiple reasons, but I had to go elsewhere for my purchase. I seriously would like to buy several more sets for Christmas gifts, but I want to wait for skull to get on the stick and get in the game. I know it won't be by Christmas though. Maybe nice 4th of July gifts instead.
Thanks for the input Stafford. What I am invisioning is this. People who work out often do it with music. In gyms, joggers, do it yourselfers,etc. When they do their activity, it is generally less than an hour or two. Battery life is in no way an issue for a normal exerciser. if you ask them them the question, is it more irritating to be limited to a six hour workout until you have to recharge the battery or have to be attached to a 3 foot umbillical cord to your device, I'm betting it is wireless by a landslide.
Sound quality is an issue. at least at this time. But only to the highly critical, upper end music appricianato(is that a real word). I am also betting that the average joe schmoe would not be dissapointed with the sound quality considering the huge benefit of the cord free operating ability.
I am joe schmoe and I think there are millions of people who think that this is very cool and that the "unplugged" capability while doing their activity is maybe the most revolutionary breakthrough since the cell phone.
Out of a curiosity and credibility note, can you please let us know where a person can buy wireless earbuds right now for $8. I paid $65 for my outdoor tech "Tags" and after 24 hours, I can tell you that it was money well spent. ( And I'm a cheap #$%$!)
So where do we go from here? I'm curious to know how much of population even knows that this technology is available to us right now. I would guess 2-4% I honestly didn't even think it was a possibility two weeks ago and now I have them in my ears. Correct me if I'm way off base, but I would say that this is as "cutting edge" as a product inovation gets. I cannot imagine that five years from now, people will still be buying plug-in head phones and buds. This is A MAJOR PARADIGM SHIFT. All the joggers and people working out in the gyms and people like me who like to work with earbuds in and have agonized for years and years with that stupid.. flippin.. cord can now be free!!!!!!! So, do I even need to say that there is going to be a monsterous BOOM in the enire headphone business in the very near future. Earbuds are not like a car, you don't have to wait till your old one wears out before you buy some new ones. The only question is this: which companies are going to be ready with product when the boom hits. ....and which ones won't? HMMMMM...
I just recieved my wireless bluetooth earbuds which I ordered from Outdoor Technology. I have been waiting for their arrival since last week like a young child waits for Christmas presents. Well, I opened them. paired them to my droid phone in about 15 seconds. And then I put them in my ears and played Eminem, "I'm not afraid". The music came delightfully to my ears in a very acceptable quality. Not bose or Skullcany great. But very acceptable. And here's what happened next. I've got my phone in my hand and I start to move around the room a little bit. Still great. So I set the phone down on my desk and took a few steps back and instinctively waited for that feeling I've had a thousand times over the last 37 years. That is the feeling of having earbuds/earphones so unpleasantly yanked out of my ears and off my head beacuse of cord which is (was) needed to connect the two.. It is absolutely freaking amazing how our bodies have been conditioned to try and keep that phone or ipod or walkman within the appropriate distance so as not to pull the phones off our heads. Just for fun, as I listened to another song, i tossed my phone over and onto the couch and as I did that, my head instinctively twitched in the direction of the couch as well. ( I think this was to lessen the ear trauma which was anticipated as the imaginary slack in the cord was all used up.) But it never happened. I felt like this: Do you remember the first time you ever went swimming naked. You know, the skinney dip! You were in the water swimming which you have done many, many times before. But this time you have no suit on. It feels weird,but you like it. It is amazingly freeing.. No more being confined to three and a half feet from the device. Unbelieveable. Just 37 short years and they did it.
Mike, I'm not looking at this issue as a matter of impatience. I'm thinking that this is going to be a major paradigm shift. And I'm just wondering why a supposedly cutting edge headphone company does'nt have any wireless headphones yet. I actually ordered a set from Outdoor tech and am eagerly awaiting their arrival. If they perform, I think it's a done deal. No more wired headphones when I go jogging or snowboarding. I'm thinking this should be a HUGE seller. For whoever is in the game..
Good read Charles! I guess anything could happen. Wishfull thinking, but also logical thinking as you pointed out. My big takaway. The bottom is in! After last two calls, The action was silent and then slowly positive. We should slowly creep back up until the January call.
What about the World cup endorsement? They've got the captain from the Brazillian soccer team lined up. Personally, I think that is a genius move. There is no bigger stage globally. Well, maybe the Olypics, but that is much more diversified. Should pan out some profits.
that's exactly it. Now simply a game of waiting it out. I do believe the personnel changes will pay off.
Interesting how it struggled in the late afternoon yesterday. trying to bounce out of the 5.80's but stuck. must be the impatient investor losing faith. At least the volumes have been weak.