Allstocks.com's Bulletin Board: TIGR's Gizmondo

This is topic TIGR's Gizmondo - Let's Talk Unit Sales in forum NASDAQ, AMEX, NYSE Stocks at Allstocks.com's Bulletin Board.

To visit this topic, use this URL:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/7/t/000999.html

Posted by Sparky Santos on :

In a recent press release, TIGR announced that its Gizmondo Europe, Ltd subsidiary had signed a letter of intent with Renaissance Corporation, Ltd.

Under the terms of their agreement, Renaissance will serve as the exclusive Gizmondo distributor in New Zealand and Austalia and the annual sales target mentioned was 150,000 units.

This got Sparky wondering about the similar agreement reached back in March with CATIC, a huge State-Run Chinese Conglomerate, for that PR contained no unit sales estimates.

Well Sparky did some reasrch, made what he considers conservative assumptons, and concludes that annual Gizmondo sales in China could easily fall into the range of 779,000 to 1.68 million units.

For a look at the details of the analysis behind these conclusions, Sparky urges Readers to check out the TIGR Footnote at the very bottom of his Sparky's Picks page at allstocks.com, which can be found at the following link:
http://www.allstocks.com/stockpicks/Sparky's_Picks.html

Sincerely,

Sparky