Limtex and Thread members,
The hotel I stayed in during my Washington, DC trip had terrible phone lines. So much noise that my modem went on strike demanding better working conditions. Thus, I was unable to post.
I did read Forbes on the way out and there is a two page article in the July 29, 1999 version that highlights Carver Mead and his new company, "Foveon", which will produce high resolution, professional-grade digital cameras. This guy reportedly created the first gallium-arsenide transistor in the 1960's and has a patent on a new sensor that mimics the human retina and is superior to the current CCD and CMOS options.
The article states...
Sales of digital cameras this year are expected to hit 1.4 million units and approach $600 million in revenue, but those poducts are cheap and crude.
The "cheap and crude" part really gets under my skin. This type of mentality is what is preventing investors from seeing the beauty of consumer-grade digital camera offerings.
Mead's camera will come complete with a $10,000-$30,000 sticker price and is targeted at the nation's 60,000 professional portrait photographers.
At best he sells 60,000 units. I am more interested in the multiple millions of average consumers willing to spend a few hundred dollars for a wonderful digital experience and a pittance for an inexhaustible roll of SanDisk film.
REMEMBER!!!
Digital photography is addictive, highly contagious and incurable.
Ausdauer
(Still faithful to SanDisk, the only pure-play in digital photography.) |
