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4345
05-13-2005, 02:21 PM
Will the loss of nearly 45% of its value recently change things at JBL? While the stock was going up they could forget about selling certain products to the U.S. market. They could forget about the enthusiasts. Now with things going down, maybe they will change their attitude.

It might mean that they forget about the vintage type stuff completely. They might deem it unprofitable and drop lots of parts etc.

The truth is that they probably could care less about the high end audio market. It is such a small percentage of their business. However, I think a company that takes for granted segments of its business is making a mistake.