Oh dear, two additional freight charges, 51 pounds for 300 knives, southern ca to southern ca, ground would be about $20 each way... With potential revenue on 300 knives at $78k. If the addition $40 kills the margin, the company shouldn't be doing business.
This was their first time, and I'm sure that was built into the pricing that they received. Unfortunate as that might be that they needed to sharpen some knives, it shouldn't be the end of the world, it's a learning experience for both companies. I'm sure there is still plenty of meat left for both parties after it is made right.
On a side note, when the word spread about LQMT working with Miltner Adams first came out, I went and bought a MA knife, more out of novelty than anything else, it's nice, pretty cool, I love the design, i just keep it in my desk drawer and mess around with it when I'm on conference calls. I wouldn't say it's extremely sharp though, the edge it does have I'm sure it'll hold well, but I wouldn't say it's the sharpest knife I've ever owned. Will I buy the new MA-6? I'd like to, but I'll want LQMT to have a nice bump first. As is I'm reminded whenever I play golf by my driver I bought some years back... I like the driver for what it is, for golf I'm quite happy with it. But I think of the PPS when I use it. And for those of you who thin $260 is crazy for a custom knife, think again, that's extremely cheap, I've seen knives that size sell for 3x as much for just pocket folders.
Another point from a recent post was about the pops and what it's worth. Honestly it's a speculative stock, so take that into consideration, but the tons of patents added, with R&D by Apple that LQMT has access to, is worth a huge amount to me. The revenue may not have skyrocketed, but their patent portfolio is getting more extensive, and that's big. I still believe in the tech, and see a huge upside potential. And for today, I see a good upside on the speculation front. If the conference call is the usual dribble, siting nondisclosure agreements, with no other substance, then that's where we were yesterday too, so no big deal, i don't see a huge negative effect. But the potential for good news, with the recent RFQs, is to me an upside that can't really be argued with. I might be delusional. It's a speculative stock, think about it that way, it could lead to something cool, but it certainly isn't an Apple right now.
As for the original post I'm replying to, your just scratching for something to complain about, lamenting about shipping when it turns out to be about $40? If your that down about the stock, sell off and move on. If you've already sold off and your just bitter and that makes you happy, keep on posting, I just want you to be happy! I respected your posts far more when they had more substance! You must hate Enron, are you still posting about that one? I hope you didn't double down when the price got good;)
$40, I had to put it in there one more time.
Their having to sharpen them again does suck, but there has to be some efficiency there, they are a knife manufacturer after all, they have to have a machine that does this quickly. I can't imagine Mr. Miltner is sitting on the porch, one at a time with a DMT, sharpening, spitting on the blade, then holding it up to inspect with one eye, then back to sharpening with a piece of straw in his mouth.
