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Crystal Rock Holdings, Inc. Message Board

catnip1046 4 posts  |  Last Activity: Aug 14, 2014 5:32 AM Member since: Feb 28, 2003
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  • Reply to

    J&J

    by catnip1046 Aug 8, 2014 6:37 AM
    catnip1046 catnip1046 Aug 14, 2014 5:32 AM Flag

    kschmudde--
    Good point on the corporate mentality.
    Admitting mistakes leads to the exit door(LOL)

    Sentiment: Strong Buy

  • Reply to

    J&J

    by catnip1046 Aug 8, 2014 6:37 AM
    catnip1046 catnip1046 Aug 13, 2014 3:40 PM Flag

    Mayd-
    I like you reasoning here but I still think J&J could have bought out DECN for figuratively pennies on the dollar, come out with a new meter using the cheaper strips and still controlled , to some extent, the market.
    Why have only part of the enchilada when you can have the whole thing?
    I can't figure out what is going on in J&J's "head" on all this.
    I still think a DECN buyout would do J&J more good than bad.
    Weaver is probably right about the cost of the strips going down but DECN did all the "leg work" in getting cheaper strips onto the market.
    Guess If I was J&J I would have just bought the cheaper strip company out and sold cheaper strips.
    Then again J&J may have already figured out how to make cheaper strips for their own meters and may release those strips to market yet.
    J7J sure keeps its secrets close.

    Sentiment: Strong Buy

  • Reply to

    J&J

    by catnip1046 Aug 8, 2014 6:37 AM
    catnip1046 catnip1046 Aug 8, 2014 11:14 AM Flag

    I appreciate your opinion weaver 424.
    What you say makes perfect sense but I would have thought that J&J would have been able to "milk" this product for many more years to come with a DECN buyout.
    JMO----

    Sentiment: Strong Buy

  • catnip1046 by catnip1046 Aug 8, 2014 6:37 AM Flag

    J&J has to be one of the dumbest companies around in my opinion.
    They could have bought out DECN a long time ago and saved themselves all this legal fighting and now that they have lost again they would be wise to make DECN a great offer to save their business from DECN's strips
    I won't hold my breath waiting for this to happen however(LOL)..
    A buyout would cost them pennies in relation to all the dollars they are going to lose vs. Genstrips.
    Let's get the strips out there and start making some money now.
    I've been "long" here for as long as I can remember!

CRVP
0.84-0.01(-1.18%)Aug 21 3:59 PMEDT

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