Hop-On Inc (HPNN)

[sidehill lie]

I stopped by the HPON exhibit at CES severly times today, and I can honestly say that if stock price were determined solely by show displays, HPON would not be a sub-penny stock. They have high visibility in the hall, a good location, and a very profession appearing presentation. You'd never know that Garmin or Transmeta were more substantial companies.

The 1st hour or so was understandably slow, but by noon the booth was hoppin' (Pun intended). I counted 3 members of senior mgmt, plus about 6 to 10 others manning the booth. There were many, many phones on display, plus lots of well designed fact sheets and some surveillance equipmt.

I overheard many comments about the "tiny, cute, phones". Frankly, I was surprised to see that the stock price had declined today. The senior mgmt member that I spoke to seemed unimpressed by the recent stock activity, and expressed his opinion that the price should eventually rise to a level more reflective of its true value.

Based on my impression at CES, and due to the fact that I'm in Vegas, I plan to double-down on HPON at its current price. I think it's a good gamble.

I'll be able to answer any specific questions about the show after I go out and party for a few hours.