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Technology Stocks : LBAS - Location Based Technologies

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To: locationboy who wrote (87)	3/27/2010 12:16:27 AM
From: notimetowaste2	Read Replies (1) of 152

You are so lost in your logic, I don't even know where to start. Patek Philippe is a pure luxury brand play, not a product features play. You can go that route if you have a few hundred million dollars to put into the brand... but I digress. Here is the point you are missing. Having a superior product is only one of many dimensions required for success. Strong distribution channels, market momentum, and brand recognition are all more important in this stage of commodity market. Building the channel and brand requires a ton of money. As most people well know, the best product doesn't always win. Even if LBAS has superior products at this point in time, there are too many players continuosly developing new products or enhancing their well established current products. Yesterday, AT&T announced that they are launching a new pet tracking dog collar: dailytech.com. They have deep pockets and brilliant marketing resources. Bye, bye petfinder. If not AT&T then someone else soon anyway. LBAS has no money to keep up, and not enough excitement for new investors.

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