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worthylion

03/27/19 2:51 PM

#689 RE: southacresdave #688

Regarding margins, now it's not only labor and material costs, tariffs etc but they specifically acknowledged pricing pressure from Tier 1s. It's really not surprising that a competitor almost anywhere has lower production costs than a factory in Southern California. I don't blame management for pricing pressure but the value of the company is materially affected by it, and management can't really "fix" it unless their design innovations give them some pricing power.