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Old 12-08-2005, 07:12 PM
TGoldman TGoldman is offline
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Join Date: Jun 2004
Location: Bellevue, WA
Posts: 15
Default Re: iRobot

It does seem expensive. It's difficult to value the company without knowing their 2005 earnings and I can't seem to find that information right now. It's also hard to compare them to the consumer goods and appliances industry because they're a unique nitch of the market that to my knowledge they are the only major player. I'm unsure if their product is a fad or if it will continue to grow in popularity. So far, it's only gotten more popular over the last two years but it's hard to say if the average consumer will embrace $200+ price tags for what's really just a glorified vacuum. Then again, never underestimate the laziness of people. [img]/images/graemlins/smile.gif[/img]
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