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Re: MikeKnowsRunners post# 79689

Wednesday, 11/10/2021 2:24:24 PM

Wednesday, November 10, 2021 2:24:24 PM

Post# of 81577
Mike, the problem is that while the Smart Mirror concept may be lucrative for those companies with Marketing acumen (as opposed to Sales) it does not change the fact that calling a pane of half-reflective glass over a common present day tablet a lucrative technical innovation is laughable.

Other companies presently marketing Smart Mirrors have incorporated a marriage of two devices in a synergistic fashion in that the
resultant utility is greater than the apparent sum of the parts standing alone!

Yes Mike, they apparently left a dying but still viable LED product line to embrace a new potential market wherein they had no experience but apparently great hopes.

Please study the upcoming 10Q to see how that has worked so far. While some may swallow the excuses, others may note that competitors are reporting profits extending back two quarters on their Mirror products despite the pandemic.

I also expect a surge in CAPC price when they finally run out of excuses and market the latest and greatest iteration. I expect to profit from it by selling out before the cookie crumples. I will also continue to urge others to exhibit extreme caution in dealing with this "investment"!

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)