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Re: Electrix going out of business?

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 
evening)  I
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