Re: Electrix going out of business?

[landman@wco.com (Mark Landman)]

Hmmmmm- If these products were selling well at all, I can't see why
Electrix would delete the revenue stream, especially now that Repeater is
getting ready to ship after a long painful and probably expensive delay.

My guess would be manufacture of all the Repeater boxes and the attendant
delay in Repeater's shipping (and thus bringing in $) may have temporarily
put the company in a bind.

The sell-off would raise extra cash quickly, though not as much as if
they'd left them at their previous prices. Still, probably worth doing if
you need the cash now, and perhaps Electrix has plans for replacement
products. I certainly hope so, I am in awe of Electrix user interface and
no preset concept. I was less in awe of the inflexible parrallel effx
routing of MoFx, and the filter box that went into "painful speaker
destroying 10 times louder than the previous signal" oscillation at a
resonance setting of about 50%.

Repeater looks to be an absolute beauty, and I've got units on order. I
certainly wish the fine folks at Electrix the best-

Mark





>Peter Wilson (06:12 PM 06/04/01) wrote:
>
>>I mailed Zzounds.com to see if they'd match the $99 price on Electrix 
>rack
>>effects. This was the reply I got. Can anyone confirm?
>>
>>---
>>Unfortunately, we cannot compete with a price that is below dealer cost
>>for this item. This is an unusual situation, so please try The Spy again.
>>
>>Special Comment:
>>Sorry to say but Electrix is going out of business and did not include us
>>in their inventory liqiudation.  Thanks the Spy
>>---
>
>No, this is not true. My guess is that either Zzounds are being
>spoiled-sports or they're just not informed.
>
>
>It is true that Electrix made a deal with only Guitar Center/Musician's
>Friend. Both of these outfits are being shipped more boxes this week.
>
>Electrix is discontinuing their old product line in favor of being able to
>focus on new looping products, i.e., Repeater. Repeaters are built, packed
>in boxes, and waiting for final code so that they can ship. They're still
>looking at shipping very soon.
>
>It's pretty common these days for a small company to consolidate their
>resources on where they think the market is. I think that's what we're
>seeing happen with Electrix.
>
>
>Mark