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Alias Born | 02/05/2008 |
Tuesday, March 31, 2020 2:24:30 PM
in the next few quarters and while undergone a reset.At 7c and lower,I believe it is a good calculated bet.I am a believer of surface mount devices for the mass market,not smart mirror,too specialized.Again,we have chance to buy at cash per share price and betting on a likely newly transformed(to be tested) company, a Thailand-centric broker/soucer-for-big-box-stores(well capitalized),for the future starting in 2021/2022.
smart mirror experience/tuition:
stay as a small cog and coattails box stores,any major deviation from that,is no longer "risk-averse",and stay put the ambition for a year or two,that is $1 million saving from r&d.
bottomline:
I want capc be a good copy cat,not apple;thus avoided high cost/risk associated with new product development plus expensive cost of marketing/inventory/infrastructure-build/..................
or
"buy when there is blood on the street." W Buffet/C monger
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