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NovakTwo
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09.11.2007, 05:41 PM

The only people foolish enough to invest in NE are the Novaks.

You have a charming misconception of the profitability of R/C electronics and other products. There is a reason why Losi, Associated and Orion/Peak have been aquired by bigger companies in the last few years.

As soon as a company comes out with something new and exciting, it is only a short time before a Chinese factory manages to knock it off.


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snellemin
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09.11.2007, 05:46 PM

Quote:
Originally Posted by NovakTwo View Post
The only people foolish enough to invest in NE are the Novaks.

You have a charming misconception of the profitability of R/C electronics and other products. There is a reason why Losi, Associated and Orion/Peak have been aquired by bigger companies in the last few years.

As soon as a company comes out with something new and exciting, it is only a short time before a Chinese factory manages to knock it off.
Very true. I see that on a daily basis.


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lutach
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09.11.2007, 05:56 PM

Yes, I understand your point. I do own a company, before this I worked as a stock broker and pitching to a client the profits of a company was the best way to sell the stock. Now I've been around electronics components since 2000 and some of the profits I make are out of this world. For example, I can buy ATMEGA8L-8AU for $0.65 for 500pcs. or less and $0.45 for 10Kpcs. and more, the IRFS3207 I bought from a US company for $1.75 (EXPENSIVE) and that was only 250 pieces and for 1000+pcs. that price would come down to $0.85 a piece. So I do have some Idea of the profits some companies can make.
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