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JimHarrington
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Posted: Mon Apr 29, 2013 7:41 am |
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Bazza wrote: I didn't license the GEM set in the hopes that one day I could resell the license for a profit. Anyone that thinks karaoke music is some kind of investment needs their head examined.
Karaoke music is an investment, but the return is gained by using that music to sell your services. Without the music, it would be an open mic night. You *may* be able to get your money back on the discs, or some of it, when you leave the business, but no one should buy music now hoping that it will appreciate later.
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JimHarrington
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Posted: Mon Apr 29, 2013 7:48 am |
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The Lone Ranger wrote: The reality of the situation is Chris the price of SC product is fluid and not a firm as you would want it to be. If the legal process went away the true price of the SC product would become apparent. The DK price is the real price since there is no legal process to prop up it's value. Have a blessed day. This is exactly the whole point of the last four years of litigation. Without the legal process--without enforcement of SC's rights--the SC product must compete with people who are willing to give it away for free or nearly free. The legal process makes the true price of "free" something that is not free. In fact, the goal of the legal process is to make the price of using "free" product much more than the price of using legitimate original product. The "true value" of something is referred to by economists as the "fair market value"--the price a willing buyer in a fair market will pay to a willing seller. When you take away enforcement, the mechanism by which the market is made fair, you no longer have a "fair market value." Because DK is not enforcing its rights, there is no true "fair market value" for its products, because there is no fair market.
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The Lone Ranger
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Posted: Mon Apr 29, 2013 7:58 am |
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Bazza wrote: The Lone Ranger wrote: The point is Bazza using the example of Brian I could sell my original set of DK for more than I originally gave for it. You would have to ask for less than you originally paid to license your set of GEM, otherwise the host could just license directly from SC. Also if this legal process of SC fails, what will the GEM license be worth, since it's price is probably tied to the SC legal price support system also? One thing I agree with you on, what does it matter if by the time SC collapses you have made back your initial investment many times over? Have a blessed day. I didn't license the GEM set in the hopes that one day I could resell the license for a profit. Anyone that thinks karaoke music is some kind of investment needs their head examined. I licensed GEM because I wanted the best base set in the business. Some simply want the lowest price songs they can find. I am willing to pay more for the highest quality. That's fine for you, just remember it will take, more hosting hours to recover your initial investment, then everything after that is profit, minus your expenses. Have a blessed day.
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The Lone Ranger
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Posted: Mon Apr 29, 2013 8:07 am |
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HarringtonLaw wrote: The Lone Ranger wrote: The reality of the situation is Chris the price of SC product is fluid and not a firm as you would want it to be. If the legal process went away the true price of the SC product would become apparent. The DK price is the real price since there is no legal process to prop up it's value. Have a blessed day. This is exactly the whole point of the last four years of litigation. Without the legal process--without enforcement of SC's rights--the SC product must compete with people who are willing to give it away for free or nearly free. The legal process makes the true price of "free" something that is not free. In fact, the goal of the legal process is to make the price of using "free" product much more than the price of using legitimate original product. The "true value" of something is referred to by economists as the "fair market value"--the price a willing buyer in a fair market will pay to a willing seller. When you take away enforcement, the mechanism by which the market is made fair, you no longer have a "fair market value." Because DK is not enforcing its rights, there is no true "fair market value" for its products, because there is no fair market. Only one problem James since the enforcement mechanism is not being employed for the DK product, using your reasoning shouldn't the value drop to zero along with that of the other non enforcement manus? This hasn't happened either. The reason SC as an inflated of value is because of this legal process of yours. Otherwise the asking price would be much more in line with it's true value. The only reason anything has a value, is because of what someone is willing to pay for the product or service. If there are no buyers there is no value. Have a blessed day.
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chrisavis
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Posted: Mon Apr 29, 2013 8:18 am |
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Joined: Fri Dec 02, 2011 12:38 pm Posts: 6086 Images: 1 Location: Redmond, WA Been Liked: 1665 times
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The Lone Ranger wrote: chrisavis wrote: The Lone Ranger wrote: chrisavis wrote: The Lone Ranger wrote: The reality of the situation is Chris the price of SC product is fluid and not a firm as you would want it to be. If the legal process went away the true price of the SC product would become apparent. The DK price is the real price since there is no legal process to prop up it's value. Have a blessed day. All disc prices are fluid. I believe birdofsong posted just a couple years back that they sold a DK set for over $3000. What caused that price drop? You didn't answer the question. Why did DK go from >$3000 to around $1000 in just a couple of years? DK discs get rarer and rarer every single day. To answer your question, since Sound Choice is still being sold in retail stores and online reselllers, I suspect they will hold their value quite well. Also, since I don't see Sound Choice backing off the lawsuits any time soon, that could also keep the price high. There is also the matter of Sound Choice going back into production which may or may not have an impact on pricing. I did answer your question Chris, what difference does it make what price DK is currently selling at since I'm not selling? In the meantime I have made several times over my initial investment on the product. As far as new SC production goes we are still waiting on that and nothing so far. SC has missed several of their own deadlines. Then you admit that this legal process is keeping SC prices high, in a artificial way? If that is the case it's not a level playing field when comparing SC to any other manu not involved in the legal process. You have to also remember Chris the value of discs is no longer based on their original function tools. The only reason discs are still important is the market of hosts that want to be legal. That is only 5% of the hosts out here according to James, that means already 95% of the potential market is gone. That is why SC is trying to get to 10% of the market. So far less than 1% of the market is in compliance. Most of the 5% already have their materials, so the number of actual buyers is rather small. Without this legal price support system I think disc prices would probably be in a free fall situation. Not good new for the hosts that thought discs were stocks or bonds. Have a blessed day. Whether you are selling you DK set or not has nothing to do with why DK has apparently dropped in price in the value of DK in the last few years. Other people are selling DK sets. Nothing in any of your replies addresses the question. I presented evidence in my OP. You have provided nothing but speculation. You are deflecting to other things that have no relationship to what has now become the questions about DK value. I am confident that I have sufficiently proven my point when you have provided zero evidence to support your position. Have an imaginary day. -Chris
_________________ -Chris
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Bazza
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Posted: Mon Apr 29, 2013 8:38 am |
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Joined: Mon Nov 24, 2008 8:00 am Posts: 3312 Images: 0 Been Liked: 610 times
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The Lone Ranger wrote: Bazza wrote: I didn't license the GEM set in the hopes that one day I could resell the license for a profit. Anyone that thinks karaoke music is some kind of investment needs their head examined.
I licensed GEM because I wanted the best base set in the business. Some simply want the lowest price songs they can find. I am willing to pay more for the highest quality. That's fine for you, just remember it will take, more hosting hours to recover your initial investment, then everything after that is profit, minus your expenses. Have a blessed day. And I am fine with that as I care about quality over quantity. I could have bought cheapo microphones too, but I didn't. I prefer quality. Just as the Mercedes owner is fine with paying more than the Yugo owner.
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JimHarrington
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Posted: Mon Apr 29, 2013 8:41 am |
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Joined: Wed Aug 03, 2011 8:59 am Posts: 3011 Been Liked: 1003 times
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The Lone Ranger wrote: Only one problem James since the enforcement mechanism is not being employed for the DK product, using your reasoning shouldn't the value drop to zero along with that of the other non enforcement manus? There are two mechanisms that would explain why there is residual value for the DK product even though it can be obtained for free or nearly free. First, there may be some subjective value to owning the actual discs themselves. It could be sentimental value, or lack of familiarity with the mechanisms for obtaining the material electronically, or even lack of reliable internet (for example, my in-laws can't get cable or DSL internet, so they make do with dial-up). Second, while we say that a product can be obtained for free or nearly free, it does involve taking and using the product without paying for it. That does make a lot of people uncomfortable even if there are no consequences. Such persons would be more comfortable purchasing the product. If neither of these apply, the price is actually free. The Lone Ranger wrote: This hasn't happened either. The reason SC as an inflated of value is because of this legal process of yours. Otherwise the asking price would be much more in line with it's true value. The only reason anything has a value, is because of what someone is willing to pay for the product or service. If there are no buyers there is no value. Have a blessed day. The market price for SC discs is not "inflated."
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The Lone Ranger
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Posted: Mon Apr 29, 2013 8:46 am |
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Joined: Fri Jun 17, 2011 8:22 am Posts: 6103 Been Liked: 634 times
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HarringtonLaw wrote: The Lone Ranger wrote: Only one problem James since the enforcement mechanism is not being employed for the DK product, using your reasoning shouldn't the value drop to zero along with that of the other non enforcement manus? There are two mechanisms that would explain why there is residual value for the DK product even though it can be obtained for free or nearly free. First, there may be some subjective value to owning the actual discs themselves. It could be sentimental value, or lack of familiarity with the mechanisms for obtaining the material electronically, or even lack of reliable internet (for example, my in-laws can't get cable or DSL internet, so they make do with dial-up). Second, while we say that a product can be obtained for free or nearly free, it does involve taking and using the product without paying for it. That does make a lot of people uncomfortable even if there are no consequences. Such persons would be more comfortable purchasing the product. If neither of these apply, the price is actually free. The Lone Ranger wrote: This hasn't happened either. The reason SC as an inflated of value is because of this legal process of yours. Otherwise the asking price would be much more in line with it's true value. The only reason anything has a value, is because of what someone is willing to pay for the product or service. If there are no buyers there is no value. Have a blessed day. The market price for SC discs is not "inflated." Then the cost of SC is also free as long as you are willing to assume the risk. If the legal process was not in place then the risk would be reduced and SC product would drop to zero also. Then SC is inflated, it is inflated by the legal process, which is it's price support mechanism. Have a blessed day.
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The Lone Ranger
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Posted: Mon Apr 29, 2013 8:48 am |
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Joined: Fri Jun 17, 2011 8:22 am Posts: 6103 Been Liked: 634 times
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Bazza wrote: The Lone Ranger wrote: Bazza wrote: I didn't license the GEM set in the hopes that one day I could resell the license for a profit. Anyone that thinks karaoke music is some kind of investment needs their head examined.
I licensed GEM because I wanted the best base set in the business. Some simply want the lowest price songs they can find. I am willing to pay more for the highest quality. That's fine for you, just remember it will take, more hosting hours to recover your initial investment, then everything after that is profit, minus your expenses. Have a blessed day. And I am fine with that as I care about quality over quantity. I could have bought cheapo microphones too, but I didn't. I prefer quality. Just as the Mercedes owner is fine with paying more than the Yugo owner. Both cars are transportation it just how you get to where you are going. If my goal is to get some place how I get there makes little difference.
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The Lone Ranger
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Posted: Mon Apr 29, 2013 8:52 am |
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Joined: Fri Jun 17, 2011 8:22 am Posts: 6103 Been Liked: 634 times
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chrisavis wrote: The Lone Ranger wrote: chrisavis wrote: chrisavis wrote: The Lone Ranger wrote: The reality of the situation is Chris the price of SC product is fluid and not a firm as you would want it to be. If the legal process went away the true price of the SC product would become apparent. The DK price is the real price since there is no legal process to prop up it's value. Have a blessed day. All disc prices are fluid. I believe birdofsong posted just a couple years back that they sold a DK set for over $3000. What caused that price drop? You didn't answer the question. Why did DK go from >$3000 to around $1000 in just a couple of years? DK discs get rarer and rarer every single day. To answer your question, since Sound Choice is still being sold in retail stores and online reselllers, I suspect they will hold their value quite well. Also, since I don't see Sound Choice backing off the lawsuits any time soon, that could also keep the price high. There is also the matter of Sound Choice going back into production which may or may not have an impact on pricing. I did answer your question Chris, what difference does it make what price DK is currently selling at since I'm not selling? In the meantime I have made several times over my initial investment on the product. As far as new SC production goes we are still waiting on that and nothing so far. SC has missed several of their own deadlines. Then you admit that this legal process is keeping SC prices high, in a artificial way? If that is the case it's not a level playing field when comparing SC to any other manu not involved in the legal process. You have to also remember Chris the value of discs is no longer based on their original function tools. The only reason discs are still important is the market of hosts that want to be legal. That is only 5% of the hosts out here according to James, that means already 95% of the potential market is gone. That is why SC is trying to get to 10% of the market. So far less than 1% of the market is in compliance. Most of the 5% already have their materials, so the number of actual buyers is rather small. Without this legal price support system I think disc prices would probably be in a free fall situation. Not good new for the hosts that thought discs were stocks or bonds. Have a blessed day. Whether you are selling you DK set or not has nothing to do with why DK has apparently dropped in price in the value of DK in the last few years. Other people are selling DK sets. Nothing in any of your replies addresses the question. I presented evidence in my OP. You have provided nothing but speculation. You are deflecting to other things that have no relationship to what has now become the questions about DK value. I am confident that I have sufficiently proven my point when you have provided zero evidence to support your position. Have an imaginary day. -Chris[/quote] Again I answered your question if you don't like the answer there is little I can do about it. Have a blessed day.
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Bazza
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Posted: Mon Apr 29, 2013 9:01 am |
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Joined: Mon Nov 24, 2008 8:00 am Posts: 3312 Images: 0 Been Liked: 610 times
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The Lone Ranger wrote: Bazza wrote: The Lone Ranger wrote: Bazza wrote: I didn't license the GEM set in the hopes that one day I could resell the license for a profit. Anyone that thinks karaoke music is some kind of investment needs their head examined.
I licensed GEM because I wanted the best base set in the business. Some simply want the lowest price songs they can find. I am willing to pay more for the highest quality. That's fine for you, just remember it will take, more hosting hours to recover your initial investment, then everything after that is profit, minus your expenses. Have a blessed day. And I am fine with that as I care about quality over quantity. I could have bought cheapo microphones too, but I didn't. I prefer quality. Just as the Mercedes owner is fine with paying more than the Yugo owner. Both cars are transportation it just how you get to where you are going. If my goal is to get some place how I get there makes little difference. Yup. That is difference between you and I. Enjoy your Yugo.
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JimHarrington
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Posted: Mon Apr 29, 2013 9:09 am |
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Joined: Wed Aug 03, 2011 8:59 am Posts: 3011 Been Liked: 1003 times
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The Lone Ranger wrote: Then the cost of SC is also free as long as you are willing to assume the risk. If there is a risk that a cost will be imposed, then it is not free. That risk has a price, even if it is a contingent price. The Lone Ranger wrote: If the legal process was not in place then the risk would be reduced and SC product would drop to zero also. Then SC is inflated, it is inflated by the legal process, which is it's price support mechanism. Have a blessed day. Well, if a convenience store decided that it would shut off its video cameras and send its clerks home and trust people to put money in the register for what they took, the risk of stealing candy bars and milk would be reduced and the "price" for those things would drop to zero also. That does not mean that $4 for a gallon of milk from a convenience store that does have clerks and video cameras is inflated by the mechanisms necessary to force people to buy what they take instead of stealing it.
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The Lone Ranger
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Posted: Mon Apr 29, 2013 9:09 am |
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Joined: Fri Jun 17, 2011 8:22 am Posts: 6103 Been Liked: 634 times
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Bazza wrote: The Lone Ranger wrote: Bazza wrote: The Lone Ranger wrote: Bazza wrote: I didn't license the GEM set in the hopes that one day I could resell the license for a profit. Anyone that thinks karaoke music is some kind of investment needs their head examined.
I licensed GEM because I wanted the best base set in the business. Some simply want the lowest price songs they can find. I am willing to pay more for the highest quality. That's fine for you, just remember it will take, more hosting hours to recover your initial investment, then everything after that is profit, minus your expenses. Have a blessed day. And I am fine with that as I care about quality over quantity. I could have bought cheapo microphones too, but I didn't. I prefer quality. Just as the Mercedes owner is fine with paying more than the Yugo owner. Both cars are transportation it just how you get to where you are going. If my goal is to get some place how I get there makes little difference. Yup. That is difference between you and I. Enjoy your Yugo. More like a VW bug basic good transportation at a reasonable price, that holds it resale value.
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The Lone Ranger
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Posted: Mon Apr 29, 2013 9:13 am |
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HarringtonLaw wrote: The Lone Ranger wrote: Then the cost of SC is also free as long as you are willing to assume the risk. If there is a risk that a cost will be imposed, then it is not free. That risk has a price, even if it is a contingent price. The Lone Ranger wrote: If the legal process was not in place then the risk would be reduced and SC product would drop to zero also. Then SC is inflated, it is inflated by the legal process, which is it's price support mechanism. Have a blessed day. Well, if a convenience store decided that it would shut off its video cameras and send its clerks home and trust people to put money in the register for what they took, the risk of stealing candy bars and milk would be reduced and the "price" for those things would drop to zero also. That does not mean that $4 for a gallon of milk from a convenience store that does have clerks and video cameras is inflated by the mechanisms necessary to force people to buy what they take instead of stealing it. It's all part of the cost of the milk, if you could get it right from the dairy and cut out the middle man you would pay a cheaper price per unit. The cost is not only the security, but many other factors that go into the final cost of the product. In the case of SC there is no cost except for this legal process, since they no longer have plant and equipment of their own.
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Lonman
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Posted: Mon Apr 29, 2013 9:42 am |
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Joined: Mon Dec 10, 2001 3:57 pm Posts: 22978 Songs: 35 Images: 3 Location: Tacoma, WA Been Liked: 2126 times
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The Lone Ranger wrote: Lonman wrote: I used to be able to pick up SC discs for $5-10 all day long in bulk buys up until the lawsuits started, then the prices doubled & tripled. What does that tell you Lonnie? The job of the disc has changed instead of the being a tool of the trade, it is now used to prove the library you have is legit. In a way I can see Chris's apples to oranges when it comes to the suits being filed. The threat of suits props up the value of the SC product. Without this legal support situation the discs would fall to their true value. That is why SC probably didn't join Cloud, it would undermine the price they could charge to license their GEM series. Have a blessed day. Their true value for retail was never under $15 per disc. This is what I see them selling for today or more. So apparently their inherent value is still commanding those prices both on ebay & through regular retail channels - regardless of suits or not. The bulk sales I was talking about were for overstock or discontinued discs that I could pick up on e-bay.
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Lonman
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Posted: Mon Apr 29, 2013 9:49 am |
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Joined: Mon Dec 10, 2001 3:57 pm Posts: 22978 Songs: 35 Images: 3 Location: Tacoma, WA Been Liked: 2126 times
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The Lone Ranger wrote: That's fine for you, just remember it will take, more hosting hours to recover your initial investment, then everything after that is profit, minus your expenses. Have a blessed day. Stupid line - of course it's going to take longer. You buy better tools it's going to take longer to recoup. Same goes for ANYTHING you buy for business. I buy really good equipment too over a bunch of the junk that many kj's around here buy. But I also get better singers usually as a result over the stereotypical drunk scream into the mic singers that they get!
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timberlea
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Posted: Mon Apr 29, 2013 10:57 am |
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Joined: Wed Sep 04, 2002 12:41 pm Posts: 4094 Location: Dartmouth, Nova Scotia, Canada Been Liked: 309 times
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"Then SC is inflated, it is inflated by the legal process, which is it's price support mechanism."
Inflated or not, the legal action appears to be working, contrary to what you believe. It just hasn't gotten to all 50 States but given time it just might. As I said earlier, only a few companies have the financial wherewithall to go national at once.
_________________ You can be strange but not a stranger
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JimHarrington
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Posted: Mon Apr 29, 2013 11:03 am |
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The Lone Ranger wrote: It's all part of the cost of the milk, if you could get it right from the dairy and cut out the middle man you would pay a cheaper price per unit. The cost is not only the security, but many other factors that go into the final cost of the product. In the case of SC there is no cost except for this legal process, since they no longer have plant and equipment of their own. I have a hard time believing that anyone could be this obtuse. Am I being punked?
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Paradigm Karaoke
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Posted: Mon Apr 29, 2013 2:46 pm |
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Joined: Thu Aug 12, 2010 6:24 pm Posts: 5107 Location: Phoenix Az Been Liked: 1279 times
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HarringtonLaw wrote: The Lone Ranger wrote: Only one problem James since the enforcement mechanism is not being employed for the DK product, using your reasoning shouldn't the value drop to zero along with that of the other non enforcement manus? There are two mechanisms that would explain why there is residual value for the DK product even though it can be obtained for free or nearly free. First, there may be some subjective value to owning the actual discs themselves. It could be sentimental value, or lack of familiarity with the mechanisms for obtaining the material electronically, or even lack of reliable internet (for example, my in-laws can't get cable or DSL internet, so they make do with dial-up). Second, while we say that a product can be obtained for free or nearly free, it does involve taking and using the product without paying for it. That does make a lot of people uncomfortable even if there are no consequences. Such persons would be more comfortable purchasing the product. If neither of these apply, the price is actually free. but why do none of these apply to SC?
_________________ Paradigm Karaoke, The New Standard.......Shift Happens
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