Path: utzoo!utgpu!attcan!uunet!seismo!sundc!pitstop!sun!pepper!cmcmanis From: cmcmanis%pepper@Sun.COM (Chuck McManis) Newsgroups: comp.sys.amiga.tech Subject: Re: Wither Video Toaster? Message-ID: <72318@sun.uucp> Date: 10 Oct 88 19:52:26 GMT References: <5380001@otter.hple.hp.com> Sender: news@sun.uucp Reply-To: cmcmanis@sun.UUCP (Chuck McManis) Organization: Sun Microsystems, Mountain View Lines: 35 In article <5380001@otter.hple.hp.com> (Lee Carter) writes: > Okay, okay, I give up! Does anyone have any information on when (if > ever) the video toaster is going to be released. I saw blurb about this > device almost a year ago and thought "Great!! sounds just what I need!" > So, can anybody help with the latest rumours about price, release date, > etc. Next year maybe. NewTek made mistake #7 in the computer industry. For those of you who are would-be entrepreneurs note this lesson now and don't make yourself a victim of it. Simply stated, mistake #7 is : "Setting price and/or price-expectations before a product is in production." A lot of small companies are anxious to get a product out the door as soon as possible. They are also eager to build up "presales" publicity to ensure both acceptance and quantiy buying of their product. The mistake they make is when the product is *almost* done, by saying something like "It will cost less than `n' dollars!" or "For about the price of a you will be able to buy this.", or the sin of all sins "It will cost $n." What happens to these companies is that they get to the production stage and find that if they sell their new product at the "promised" price they are either not going to make any money or even lose money. So now they are in a double bind, they can either a) Not release the product and eat their losses now, or b) Release the product at the higher price and make a lot of people mad because they feel mislead. Or in the case of NewTek who is suffering from the cost of DRAMs, delay the product and hope that the price of RAM will come down to the levels they were when they announced the price. It isn't a nice situation for anyone to be in. But now that you know the risks, maybe you can keep it from happening to you. --Chuck McManis uucp: {anywhere}!sun!cmcmanis BIX: cmcmanis ARPAnet: cmcmanis@sun.com These opinions are my own and no one elses, but you knew that didn't you.