Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
pastfarian
on 09/10/2013, 17:26:26 UTC
Friedcat said the profit margin would be one digit next year. It's friedcat saying it, not me.


I think the majority of people have misinterpreted this comment, if you read it more clearly it has the opposite connotation, AM is preparing itself so that Gen2 will be competitive even if the ASIC manufacturing industry is faced with single digit % profits. do you see the difference? They will produce Gen2 at a low enough cost that they can chase the margin down to single digits to squeeze the competition. I think the interpretation that GEN2 will be produced and out of the gate only see single digit % profits... i find it laughable that anybody could have made this assumption. my 2 cents.