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fourkids_9pets

05/04/10 4:21 PM

#69655 RE: Basser1 #69653

just an fyi ..

to be factually correct
the use of 100M was at
*full penetration* with
a time frame of 2 to 3 yr

and yeah .. imo that would have
been totally *doable* with WW corp.
putting etc into 200+ franchises

sadly other factors impacted events

i'm sure that was jd's fault as well

--
4kids
all jmo
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Ordinary Guy

05/04/10 4:27 PM

#69657 RE: Basser1 #69653

Agreed about the discussion, it is moot point. As I hear around here, WW is on the auction block, his parents(the founders) are older and in ailing health and his widow wants nothing to do with the business.

And to your other point about the 100mm in sales. To be fair that was only spoke of once by JD in the CC. A shareholder asked what the potential market was for ETC cabinets. JD answered that one retailer alone does 100mm a year in sales with bathroom vanities. And that at full market penetration, years down the road, it was possible for ETC to reach that.

ETC is by no means anywhere near dead at this point. There are a lot of people who are going to be very right and a few that are going to be very wrong over the coming months, I think I am on the side of those who are going to be very right. IMO GTLU