|
To Any/all: Neither long nor short USRX, but see it as becoming risky at current prices and under evolving circumstances. Rarely post (occasionally on MU). Would appreciate comments with respect to the following; 1. In last quarterly, USRX stated that results for following quarter would depend on X2 product acceptance. Impact of late launch on this quarter's numbers? 2. Company shipped heavily at end of December. CEO "not worried" about moving this product through the channel, because "this product could simply be brought back to USRX for upgrade, then be re-shipped" Having already booked this product as revenue in last quarter, any estimates on amount or impact of this on current quarterly results? 3. Sales types in computer stores (I visit many of them on a regular basis) appear divided. Some see 50 plus modems as little more than marketing ploy, given noisy "local loop", while others see them as "second coming". Anyone privy to actual field (as opposed to laboratory) test results? 4. Cannot find any data where company breaks down percentage of total business represented by modem sales. Any estimates? Not fair to ask questions without contributing. In-store observations... PC sales have been falling steadily for 18 months (not news to anyone, but it's nastier than most investors appreciate and no sign of a turn in sight). Last Christmas (1995), EVERYBODY bought modems (to check out the web)... this Christmas, demand not as great (stores more inclined to GIVE AWAY a modem to "make the computer sale". USRX definately grabbed serious market share from competitors throughout the year. A great deal of modem inventory apparent in most stores after Christmas...discounting to move product is ubiquitous. Early |
