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Message: RE: Hey guys lighten up on Mr. Fred Falk - Frank / Dean

RE: Hey guys lighten up on Mr. Fred Falk - Frank / Dean

posted on Dec 19, 2005 04:00AM
A few weeks ago Daboss mentioned that he was told by Putnam that we would only have to sell between 600 and 700 E7`s / month in order to break even. I had a subsequent conversation with Putnam and he told me the same thing.

The current burn rate is between 175k and 200k / month. If you do the math that yeilds a profit margin of $300 - 350/ unit even if you add $20 / unit into the price to cover the most receint financing.

If your $500 cost basis is accurate Frank then the E7 should sell for $800 - $850 / unit....which is substancially less than what Wencor is selling the Digeplayer for.

I like the way the #s play out.....Here`s hoping they bare some semblance to reality.

Larry

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