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Re: bbotcs post# 4772

Friday, 09/30/2011 3:48:05 PM

Friday, September 30, 2011 3:48:05 PM

Post# of 10803
bbotcs...SCKT... Orders--over the last two weeks I've started tracking inventory numbers for SCKT products at 6 different internet retailers (all have "same day shipping, in-stock numbers listed").

You can't get a definitive number sold cause they sell items and receive inventory every day (some numbers go up, others go down daily). What it does show me is that there is a bigger turnover than people realize now that they can restock without delay. Also, the company is getting the retailers product constantly.

Ex. in the last two days now, 591 Somo computers were delivered to the 5 retailers I follow that update numbers daily. I know the numbers are at least that (probably more cause if you add more restock than what was sold, it won't show the sells). There are days now at one retailer where they routinely sell 100+ wireless scanners on average/day (This company carries almost 800 units in stock at one time of their different scanners). There is another company that carries over 350 Somo computers in stock (and sells 20+ of them a day).

It will be interesting to see what happens in the 4th Q when they can maintain product through their whole distribution network.

I still would like to see them get that bank line of credit re-established. I've sent a message to the CFO on a few recent questions I've got and will update any news I hear.

Dave

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