Friday, February 18, 2005 10:57:14 PM
So HPON is not a manufacturer technically. So HPON just STAMPS it or asks those manufacturers to stamp it for them and then the finished product pass on to next who ever may be in the line. Therefore the margins are going to be cut, cut and cut. Now what about that 36$ Phone and 30$ Phone on it way now. How they may be getting it done??? any away...
That reminds me that just read the following comments from HPON CEO,
“Gannon declined to give details of the margins his company is making on
the low-cost phones, but said they are low.” – based on PR http://www.hop-on.com/pr_021705.html
That explains why Gannon couldn’t discuses the details, may be he don’t know either.
By the way the debt in 2002 financials is about 12M US $. PM’s deep pocket and lending money to HPON it is kind of NEWS to me. I heard about that before, that’s all.
Regarding O/S, what can I say…
Oh! This O/S count is now slowly getting on to my nerve, 3B and counting (i.e 2.5B since the shareholder meeting) and more or less 7B to go may be. At some point these guy's must stop this. Isn't it???
For get all this is Just a Joke...
It goes like this, there is a big conference on ‘advancements in high tech’ once held some where in Europe. There met these three scientists. They were discussing how good they were, what papers they wrote, how popular they were and all and then
this FIRST SCIENTIST found some raw material along the way it is nothing but a Iron scrap and said ok, let me see what I can do with it and he took the raw material to his lab and came out with a ‘HAIR THIN WIRE’. They are all impressed by his skill and then
the SECOND SCIENTIST took that ‘HAIR THIN WIRE’ to his lab and came out with a HOLE in it. And again they are all impressed by his skill and then
this last THRID SCIENTIST took that ‘HAIR THIN WIRE WITH A HOLE’ on it to his lab, mean time they are all wondering what he may be doing differently and then here comes the third scientist with ‘HIS NAME STAMPED’ on that HAIR THIN WIRE WITH A HOLE. They were all Impressed by his skill once again.
Stamping the final Product with style. we will take am as long as HPON gets good margins.
Thanks
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