quote:Originally posted by stocktrader22: A surfer do you feel that the reason klegg electronics in the past have failed because of the lack of distribution?
posted
I am just concerned because there is so many brand name electronics out there in this sector. Syntax was able to take a portion of lcd share because of its low cost and good quality. What competitive advantage does klegg have?
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quote:Originally posted by a surfer: this is from Foridafemalia on HSM
here's my e-mail
Good day, I'm a shareholder in InGram for several years now. I noticed a Press Release today: LAS VEGAS--(BUSINESS WIRE)--Klegg Electronics, Inc. (Pink Sheets: KLGE - News), announced today that they have signed an agreement with Global Marketing Partners Inc, (GMP) establishing access to the Ingram Express Global Distribution Program. The program is designed to assist new manufacturers in entering the Ingram Micro Inc. (NYSE: IM - News) vendor network. This new agreement will give Klegg Electronics access to Ingram Micro's world class distribution, logistics and broad retailer customer base. ----------------------------------------------------- I'd be interested in knowing which retailers Klegg produts would be sold via...I.e. Amazon.com, Best Buy, Walmart, etc?? And How Ingram will enable them to grow their brand name recognition. Being an investor in Ingram for 5 years now I realize they can contribute greatly enabling young company like Klegg to gain needed recognition. Any source references, such as retailers that will be carrying Klegg products would be greatly appreciated as I am having a difficult time finding/buying their product outside of the MP3 player I own. Especially the 40 inch Media center which today's release states- "The Klegg Media Center Television will appear online and in retailers through the Ingram Express Distribution Program in mid-January 2007." Thank you for your time, Barry Gardner
and the response from INGRAM.......
Dear Barry,
In addition to enhancing their brand recognition, the primary benefit that Klegg will realize from their agreement with Ingram Micro is that they will have access to our over 160,000 reseller customers. Their products will be available to all customers of Ingram in the US, including Amazon, Best Buy, and Walmart.
Thank you for your interest in and support of Ingram Micro.
quote:Originally posted by a surfer: How big is Ingram??
Ingram Micro Reaffirms Fourth-Quarter Guidance in Advance of Investor Conferences
SANTA ANA, Calif., Nov 29, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Ingram Micro Inc. (NYSE: IM), the world's largest technology distributor, today reaffirmed its guidance for the fourth-quarter ending Dec. 30, 2006, in advance of executive presentations at upcoming investor conferences in December.
As originally reported on Oct. 24, 2006, sales are expected to range from $8.40 billion to $8.65 billion, with net income ranging from $85 to $92 million or $0.50 to $0.54 per diluted share based on 171 million weighted average shares outstanding and an effective tax rate of 28 percent.
posted
We should get a release very soon of the filing of the Form 10-SB and I would expect a time frame for Uplisting included;
"In conjunction with the filing of the Form 10-SB with the SEC, the Company intends to seek to find an NASD member firm to file a Form 15c2-11 with the National Association of Securities Dealers, Inc. for the purposes of obtaining an OTC Bulletin Board listing for the Company's common stock. The OTCBB provides real-time quotes, prices and volume information for our common shares." Klegg Electronics Completes Audit in Compliance with OTC Bulletin Board Eligibility Requirements Business Wire - December 27, 2006 06:06
LAS VEGAS, Dec 27, 2006 (BUSINESS WIRE) -- Klegg Electronics, Inc. (OTC:KLGE.PK) reported today that the Company's Independent Auditor, Johnson & Stout, has completed the audit of its financial statements for each of the years ended December 31, 2004 and 2005 and has reviewed its financial statements for the nine months ended September 30, 2006. As a result of the completion of the audited and reviewed financial statements, the Company intends to file a Form 10-SB with the Securities and Exchange Commission to register its securities under the Securities Exchange Act of 1934 in its efforts to become a fully-reporting company. In conjunction with the filing of the Form 10-SB with the SEC, the Company intends to seek to find an NASD member firm to file a Form 15c2-11 with the National Association of Securities Dealers, Inc. for the purposes of obtaining an OTC Bulletin Board listing for the Company's common stock. The OTCBB provides real-time quotes, prices and volume information in over-the-counter (OTC) equity securities.
Dennis Gentles, CEO of Klegg Electronics said, "The completion of the Company's independent audit is an important benchmark in our continued growth strategy. We expect Klegg's compliance with OTC Bulletin Board eligibility requirements to help improve shareholder value and share liquidity for Klegg investors."
About Klegg Electronics, Inc.
Klegg Electronics, Inc. (OTC:KLGE) is a manufacturer and distributor of high quality consumer electronics focused on designing a variety media and entertainment products that work seamlessly together for today's automated smart homes. Kleggs' product line includes ultra thin vibrant Flat Panel TVs, state-of-the art Media Servers, Home Theater Audio Systems and MP3 and portable media players. Klegg distributes its high-end home electronics through specialty stores and custom integration dealers nationwide. The Company plans to launch the KLEGG GENESIS line of moderately priced TVs and Portable Electronics in the 1st Quarter of 2007. The corporation is headquartered in Las Vegas, NV. Learn more about Klegg Electronics at www.klegg.comPosts: 6410 | Registered: Jul 2006
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I'm at the Electronic Home Expo (EHX) today, checking out some of the latest from the home system integrator and custom electronics channel. While much of my focus as an analyst tends to be on the high-volume consumer market across the CE and networking side, there is no doubt that alot of what these higher volume markets will see is being defined by the high-end market for AV that can be seen at shows like EHX and CEDIA.
Walking around the show floor, its clear that no high end vendor of home systems or automation would be caught without a whole-home or media center integration story. From Media Center software plug in/middleware vendor Exceptional Innovations/Lifeware to home AV component manufacturers such as Yamaha to home media server specialist Niveus Media, much of the focus is on IP based entertainment and whole-home distribution.
A couple of the interesting highlights for me were:
-Klegg Electronics was demoing a flat-panel LCD with a fully integrated Windows Media Center PC. I've seen Media Center Extender technology embedded in a TV before, but never a TV/PC hybrid such as this. The TV has a fully integrated PC with a multi-core Intel processor, a 250 GB hard drive and a gig of RAM. The device was controllable from an AMX or Crestron touch pad, and was able to deliver content to other network connected TVs around the home. The demo version I saw was running XP, but when I walked over to the Vista partner booth Klegg had a version running Vista. I was also worried about the PC becoming obsolete, but when they showed me how the PC is fully customizable and open to adding and changing cards or other components through the back of the TV, that worry was quickly eliminated.
Posts: 6410 | Registered: Jul 2006
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Klegg Electronics Debuts the World's First IP Controlled Microsoft Windows Media Center TV at the Fall 2006 Electronic House Expo Tuesday November 14, 6:00 am ET
LONG BEACH, Calif.--(BUSINESS WIRE)--Klegg Electronics, Inc. (Pinksheets:KLGE - News), announced today that it will unveil its next generation fully IP controlled television, running Microsoft Vista, at the 2006 Fall Electronic House Expo (EHX) in Long Beach, CA November 14th - 17th. The next generation Klegg KLM401A 40" Flat Panel LCD Television allows users to control media functions by sending IP commands over a standard Ethernet or wireless network. ADVERTISEMENT
The 40" Flat Panel LCD Television features preinstalled Autonomic Controls custom software designed to work seamlessly with multiple devices in the home. Klegg Electronics and Autonomic Controls, a New York Based software company are members of the AMX In-Concert Program; an alliance of manufacturers devoted to creating seamless, fully integrated control solutions. Other In-Concert Program partners include 3M, Accordent Technologies and ADA- Audio Design Associates. Susan Polese, a spokesperson for Autonomic Controls said, "We believe that the Klegg Media Center TV with two way IP control is a perfect solution for custom integrators, it allows them to deliver a rich media experience to their clients with simple touch panel access to their digital libraries in a single box solution."
The Klegg 40" Flat Panel LCD Television allows integrators and custom installers to simply download pre-built control modules from either the Klegg Electronics or Autonomic Controls website and quickly integrate the Media Center TV with AMX, Crestron, HAI or other control and automation systems. In addition, installers can customize the 40" Flat Panel LCD Television touch panel interface and create macros and scenes that coordinate with multiple devices in the home. The Klegg Media Center TV, running Microsoft Vista, will be on display and demonstrated in the Microsoft Vista Pavillion, booth #1317A, as well as the Klegg Electronics booth #751
The KLM401A 40" Flat Panel LCD television is part of Klegg Electronics' next generation "Smart Home Technology" that allows entertainment products to work together seamlessly and communicate with each other within a home network or over the internet from any location.
Posts: 6410 | Registered: Jul 2006
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posted
Thanks...I cannot believe this is currently at under 20 mil mkt cap and they actually have real products and quite a few too. Appears they might have had marketing issues but if that is cleared up as speculated and the company delivers on retailers, this will likely take off bigtime.
Will be keeping a keen eye on this one tomorrow.
Posts: 13 | Registered: Jan 2007
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quote:Originally posted by blackflag: Thanks...I cannot believe this is currently at under 20 mil mkt cap and they actually have real products and quite a few too. Appears they might have had marketing issues but if that is cleared up as speculated and the company delivers on retailers, this will likely take off bigtime.
Will be keeping a keen eye on this one tomorrow.
There is no question the only thing holding this back was distribution.
Ingram is the best in the game!!
The bottom line will now grow exponentially as we see retailers gobble this up.
I also love the fact that they have a tiered product line with products availble on all levels.
I honestly believe the uplisting news will come to fruition on this as well.
Posts: 6410 | Registered: Jul 2006
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posted
I've been reading a ton on this today, if they are successful with the Genesis launch into retailers I think this might take off nicely.
It's pretty clear they have good products, certainly on the high end, but with small emerging electronics companies I look for them to have a staple to feed themselves cash as they are not a prone to dilute and a PR on retail chains with the price penetrating Genesis line should take care of that.
Might have to take a starter pos. in the AM just in case this goes early as I suspect there might be even more accumulation during the CES in Vegas on top of last week's.
BTW - chart is off the hook and Friday's was real impressive for volume and PPS...no afternoon sell off at all.
Posts: 13 | Registered: Jan 2007
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posted
Bill Gates at CES show to promote Vista Bill Gates will be at the CES show Jan. 8-11 promoting his new Microsoft Vista which is not released yet. The new Klegg media server has Vista and will be huge at the show. I hope Bill Gates shows up at our booth again. Read more on Microsofts website.
This to me is the cream of the crop.
We have the newest technollogy in the genesis line with vista
The unveiling might be phenomenal
Posts: 6410 | Registered: Jul 2006
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posted
great volume and accumulation here...if the products can be marketed correctly, this may really fly. just worried about if they offer good prices and can get the word out
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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posted
If people know about it, some won't care about the price, they will pay for the quality, so the word out and marketing is my number one concern...
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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