Out of interest, I watch Harman stock (HAR). They have a presence in both the high end and "mass market" sectors through their many brands. Tell you what, that stock has not been treated nicely....
The Economy.. will hi end audio mfgs lower prices?
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The state of California just laid off 20,000 employees. National unemployment is at a 30 year high.
Will there be a shake-out in high end audio? Will we continue to see $10k preamps and $30k amps?
According to the article below, prices of most consumer goods, especially big ticket consumer goods are going down.
....copy and paste it into your browser
http://finance.yahoo.com/tech-ticker/article/176714/American-Retail-Goods-On-Sale-Now----and-Forever?tickers=sks,%5Egspc,%5Edji,wmt,jwn,wfmi,cost
.
The state of California just laid off 20,000 employees. National unemployment is at a 30 year high.
Will there be a shake-out in high end audio? Will we continue to see $10k preamps and $30k amps?
According to the article below, prices of most consumer goods, especially big ticket consumer goods are going down.
....copy and paste it into your browser
http://finance.yahoo.com/tech-ticker/article/176714/American-Retail-Goods-On-Sale-Now----and-Forever?tickers=sks,%5Egspc,%5Edji,wmt,jwn,wfmi,cost
.