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Re: Electrix going out of business?

Crack for $75.00 ? Where are you from....? Then again, I digress.

----Original Message Follows----
From: Mark Sottilaro <sine@zerocrossing.net>
Reply-To: Loopers-Delight@loopers-delight.com
To: Loopers-Delight@loopers-delight.com
Subject: Re: Electrix going out of business?
Date: Tue, 05 Jun 2001 13:46:22 -0700

I bet this is right on the money. (no pun intended)  It's possible that 
coming out with a new line, but selling a product that listed for $399 for
$99?  That seems VERY suspicious.  Reminds me of when one of my roommates 
is 27" new TV for $75 to buy crack. (true story, I moved later that 
hope they don't buckle under the competition from the Againinator.

Mark Sottilaro

Mark Landman wrote:

 > 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 
 > 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 
 > >>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 
 > >>
 > >>Special Comment:
 > >>Sorry to say but Electrix is going out of business and did not include 
 > >>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 
 > >focus on new looping products, i.e., Repeater. Repeaters are built, 
 > >in boxes, and waiting for final code so that they can ship. They're 
 > >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

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