Tuesday, July 8, 2008

So long, SOYO

SOYO Electronics has dropped to the point of no return, so I've cashed out to salvage what value is left:


I held out hope that this former microchip manufacturer could segue into the consumer electronics industry, but they've not been very successful - by all accounts, their products have been good, but they don't know how to define their niche, establish a market for themselves, or compete against more established firms ... and they don't seem to be learning from their mistakes.

And so, it's time for me to bail. I'll keep an eye on the press releases to see if they bring in some talent to help them make the transition - but for now, I'm no longer willing to fund their clumsy efforts.

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