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Re: cleverrox post# 113001

Monday, 03/30/2009 1:29:25 PM

Monday, March 30, 2009 1:29:25 PM

Post# of 173847
ZAGG....Cleveroxx...I think Gross Margins will continue to slide down in 2009 after they sign the two new Big Box retailers. Wholesale margin can't be as good as their internet sales (which were affected by their discount coupons themselves). But it's a trade off---to get more exposure and sales they need to give up some money to middle man retailers.

It's interesting if nothing else. I have to admit I do like owning a stock that goes up in price in a down market.

Dave
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