Monday, May 10, 2010 5:29:34 PM
Hey everyone, I recommend you check out the conference call from May 7th, pertaining to the financials. For those that are worried about the company, I think you will like what you hear starting around the 4 min mark of the call. Here's a link to finding the call.. http://www.zoomtel.com/about/investor_info.html
Just scroll down til you find the link to 1st quarter 2010 conference call link.
To sum up what Frank Manning said. They had one investor ask about the future sales of the new products, wondering if the company knew if they would be successful or not or whether they need to wait a while and judge by future sales. Manning mentioned that they were getting ready to ship the 3.0 version of the cable modem to 2 very large retailers and they expected, I believe he said, significant revenue, due to the large volumes that these retailers sell. He said he would not announce who the retailers are until after they had shipped the modems. He even seemed a little excited to me about the prospects of this and if you have listened to his past conference calls, he stays very guarded on potential future revenues. Anyway, check out the call and let me know what you think. This has me excited about the coming months.
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