SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Valley Media (VMIX) IPO

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tradegod who wrote (251)8/5/1999 6:30:00 PM
From: Tradegod  Read Replies (1) of 298
 
Just listened to Conference Call

Very impressed by upbeat tone. Bottom line is they are committed to customer service. To accomplish that during a very difficult move to the new facility, they incurred significant freight upgrade costs, temp labor costs, and interest expense. The biggest detractor from Robby Stevens was that they would lose customers as a result of these disruptions. It appears that they didn't, although they incurred costs to keep customers happy. Also, they endured a very weak release schedule for new videos.

They are now extremely well positioned to smoke for the next year. Can double capacity without any additional signifcant expense.

What have been the concerns hanging over them:

Digital download will kill hard media: Not in our lifetime!

Amazon will go direct: Nope, more efficient to have Valley do it.

They are strong and growing.

I'll be buying more tomorrow.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext