PowerLinx Inc (PWNX)

[Moron]

Doug, I share your concerns about production and I don't understand why they refuse to provide statistics either. The area where we don't agree lies with the direct fulfillment model. It is quite possible that they were forced into the model because they are having production problems, but even when it's up and running, the direct model is extremely efficient and benefits everyone. There are additional upstream advantages, such as an ability to build to order (manufacture when you have an order in hand), or build minimal quantities for inventory. I'm not an accountant, but there are tax and asset implications where inventory is recorded much more favorably in component form than assembled as finighed products. Also, particularly with a new product, minimal inventory in the channel enables quick product modifications without disassembly or recall.