Replies to post #1891 on EdgeTech International, Inc. (EGIL)

[palmtree151]

Hi Matty,

Going back to the original post and your question as to whether I think it's good or bad, it seems to me that 159 GBP including 1 year of internet access is a very good deal - especially when you compare that to the total cost of a smart phone with typical monthly service charges. So, the price is good and, with the bundled access, is a much better deal than EGIL are currently offering in the US. Distribution is good too with Amazon selling it direct as well as it being sold through a number of other outlets. So, it is somewhat disturbing that, despite this, it doesn't seem to be terribly well received. Certainly it doesn't seem to bode well for EGILs chances of ever finding a mass market.

Those reviews are troubling too. Sure the device has limitations, but you'd think that the value proposition would make people more willing to overlook them and be at least a little bit more enthusiastic.

This is a tricky category to do direct comparisons in because the markets are quite different, but there does seem to be something of a disconnect. Perhaps people are heavily polarized - on the one hand you have people that want basic phone and text service at a low price and on the other hand you have people that want really good internet capabilities and are prepared to pay the price for a smart phone, leaving very little interest in the middle ground (a cheap cell phone plus a separate, low-cost internet device). I'm beginning to think this might be the case. I'd be interested to hear what your thoughts are.

On the exchange rate thing, I think we might be in agreement (same amount of hours worked at the same job to pay for the same consumer goods). Where it gets distorted is where you earn in one currency but spend in another and exchange rates come into play - this imbalance is why vacationing in Europe is very expensive for Americans, but vacationing in America is very cheap for Europeans. The point being, the PocketSurfer is very well-priced for someone earning money in GBP and is certainly a lot more attractively priced than the exchange rate would lead you to believe.