I have no idea. I shouldn't post when I have nothing to contribute, but I'd like to keep this thread near the top in case someone out there has some information.

Wow, a thread about a proposition with absolutely zero information.

Where's vulgarian when you need him?

No shit, I've made half my virtual cash off vulgarian's research.

Thanks, glad you find my research useful.

I didn't have much to say on this because I wanted some clue on if Asus could actually SHIP 5 million eee's this year. If they can't build them, they can't sell them.

Not surprisingly, they've fallen short of their goal. Asus had been estimating 1 million units to ship in the first quarter, but will ship only 700,000 due to some issues with their 8G model.

http://www.digitimes.com/systems/a20080204PB200.html

This is a 30% shortfall. That's a lot, but it's not unexpected when ramping up this fast. They shipped 350K of them in the third quarter of 2007...

http://www.engadget.com/2007/12/22/asus-exceeds-expectations-ships-350000-eee-pcs-in-one-quarter/

...so they're obviously going to reach the capacity they need.

If they ship, like 1.5 million in the second quarter, the 5 million mark should be a near certainty.

And the article states that they already have over 1 million units ordered for the first quarter.

A million on order for the first quarter. That bodes extremely well for the year, considering the two biggest computer-buying periods (back-to-school and Christmas in the U.S.) are far enough out that they should be able to sort out their production issues.

So... the orders are there, and they'll be able to sell 5 million this year, no doubt. The question is if they can actually ship 5 million. A couple other things to keep an eye on are quality and service issues. With this kind of ramp-up, issues in those areas could really screw things up.

I'd say this is long, but needs watching for potential foul-ups.

Great, thanks :)

This is by no means an insult vulgarian, but what do you do with your time, or are you just an adult with a job that you get this info from

Thanks, vulgarian.

Thanks for the info vulgarian!

This stock looks to be a really tricky one. I think Asus will be right on the edge of 5 million sales, whether they actually get past the mark or not is going to be really hard to predict.

Dominator, vulgarian doesn't have to have a job because he has a trust fund set up by grateful ppx players.

Good idea jr.

PPX prop: Will Vulgarian be receiving earnings commission in exchange for advice given on which PPX stocks to buy, by April 1st 2008?

The Arsonist

Peace through kinetic solutions

Heck, now that I'm a millionare, maybe I can get a Flordia Condo for him. And your stock is a long, but I'd like him to do a little research on it before I buy the full 1000.
Get in touch, Vulgarian, do a little for me and I'll pay.

IPO: Will Vulgarian, excited by the prospect of making money on this, start researching it by the end of next week?

Vulgarian, what's the price?

The good news is the research won't take long... let's hope he decides not to charge us.

Peace through kinetic solutions

The virtual appreciation is good enough... glad to help.

Ahh, but the appreciation is real.

How do you have the time to figure all this out?

Peace through kinetic solutions

http://www.hardocp.com/news.html?news=MzE0OTksLCxoZW50aHVzaWFzdCwsLDE=

Looks like if staples and bestbuy pick up the eee PC this month .. this proposition could very well pay out.

Ryan

Look at me! I'm a-researchin' just like ma big buddy, vulgarian. AAANNND, I know how to necro a topic back to life!

www.dailytech.com/ASUS+CEO+Jerry+Shen+Discusses+the+Eees+Future/article13251.htm
http:// blog.laptopmag.com/asus-ceo-reveals-eee-pc-sales-numbers-plans-for-touch-eee-pcs-and-more-eee-family-products

Sold 4 million as of mid-late october, CEO is very confident that they'll reach 5 million by end-of-year.

-NapkinG-

I'm getting technical but would like some clarification:
Does 5 million units sold mean the total amount only during the year 2008? Or does it mean total from when the company first began selling EEEs? The payout clause is ambiguous in this respect.

Also, the payout clause doesn't even state that it's the year 2008 so technically, it could be referring to any year and since all payouts will be interpreted literally...

That's an interesting last phrase, "since all payots will be interpreted literally...". Was there an edict passed down somewhere that I missed?

Here's my thoughts on kaiibiz's question, please feel free to attack me on it;

Even though the payout line does not explicitly state a time period, I don't think it's going to make a difference here. EEE sales were in the tens of thousands (maybe over 100,000, but not a whole lot) in 2007. Since it's a cheap computer, as long as Asus can ship them they're probably going to sell enough to make the goal this year.

Now,if it's a squeaker, I don't think the 2007 sales should count. All the supporting information (the prop write-up and supporting links) allude clearly and unambiguously to 2008 sales. There's no question that all the quotes and predictions refer to 2008 sales, so the context is very clear.

The payout line should be a clear and literal way to make a decision on these props, but sometimes the supporting information has to be consulted. If the supporting information is clear and literal (as it is in this case, but was not in CNGSTN, CLARITY and NOSEEUM), then it helps to clarify the payout statement.

But the problem that creaps in is when people read a single word or phrase ("country" in CLARITY, "cloaking device" in NOSEEUM) and they think it applies to the payout line. But it doesn't. These are inconsequential references that simply color their perceptions. They are not substantial references like the quotes and related links in the EEE prop.

Is this similar to CNGSTN in that it has no start date? Not at all. CNGSTN did not provide any guidance in either the body of the prop or in the related links to determine a time frame. Those disputing the payoff created their own limits in their minds; they did not get them from anything in the written word.

So on the EEE question, I would argue in favor of 2008 numbers only because the supporting information makes it clear that was the intention.

Sometimes the supporting information should be consulted? As in the PASSCRX stock? If the information was consulted it would clearly have referred only to passenger cars. But the payout was interpreted literally and not in "the spirit of the proposition."

"This proposition will pay out at POP$100 per share if Asus sells five million Eee PCs by the end of the year."

I'm still not convinced about the argument that it only refers to 2008 sales even though the text mentions the 5 million mark for 2008 but only because the payout clause is ambiguous. I would like an official clarification from whomever is in charge with interpreting payout clauses.