Value Microcaps Zip Code Changers

[southacresdave]

SCKT...Manny T... New hiring: Sr Sales Mgr for Somo Division

http://jobview.monster.com/Sr-Channel-Sales-Manager-Job-Newark-CA-US-107315047.aspx

Here's a response to another poster from the CFO (who is really good about responding to questions):

"I'd characterize the hire as preparing for growth. The new SoMo 655 opens up opportunities with the broader HP iPAQ community that we plan to address."

The former HP iPaq market was $90M+ when HP shut if down last year. They have to go somewhere and smartphones & tablets don't necessarily work for businesses that use a dedicated PDA. If you research it, Socket has the lowest price option (even after the 650 is canceled and the 655 continues) with a layout the same as the iPaq. I thought they would go after the Somo 650 model, but from discussions with the company, customers are holding out for the better upgraded model which will be available next month (in beta now for customer testing).

If Socket can get the growth of the scanner division AND the Somo division too, it will be a killer one-two punch for a $11M marketcap company.