3 Reasons to Buy Corning

• Report this Comment On January 09, 2013, at 9:20 PM, tjcfirebird wrote:

  You must be short ZAGG stock or get paid to just trash it. You have a history of doing this BS. Have you noticed how ZAGG's revenue and earnings growth have exploded year after year and they continue to raise guidence? Something smells here for sure!

• Report this Comment On January 09, 2013, at 9:28 PM, tjcfirebird wrote:

  Oh, and Cornings Gorilla glass is NOT scratch proof,far from it. That is why people buy so much of ZAGG's products, turn Cornings scratch RESISTANT glass into a scratch PROOF surface!

• Report this Comment On January 10, 2013, at 9:23 AM, tjcfirebird wrote:

  I also saw this comment on aYahoo discussion board"My daughter would not let me put a ZAGG on her Iphone. She dropped it two feet and the glass cracked. I have a ZAGG on mine. I've dropped it several times with no screen damage. Case closed."Cornings Gorilla glass is somewhat fragile and definitely needs the added protection that ZAGG's screen protectors offer. Case closed!

• Report this Comment On January 10, 2013, at 9:29 PM, jasonhad wrote:

  Today Austin lauds GLW, tomorrow he's nervous nelly about it. Solution to the conundrum? Ignore the guy - he's just shilling for a Motley product.

• Report this Comment On January 16, 2013, at 6:58 PM, tjcfirebird wrote:

  RANDY HALES, COO and President: My sense of Randy is that he is a good fit for the company at this stage. He is passionate, professional and sober minded. He is a ‘hands on guy’ making much of the analyst presentations himself. He is more concerned about mid and long-term direction, sustainable growth and consistency of company performance than a quick homerun. He also feels that the company can achieve very strong organic growth but is not adverse to the right acquisition.

  STOCK BUY-BACK AND WELLS FARGO REFINANCE: The company is in a black out period until earnings release. After that they file an amended 8-K and can begin a buy-back immediately. I get the sense they are itching to start because they believe the stock price is cheap. The $84M Wells Fargo refi is the best endorsement of their financials you can get. The CFO is still smarting from the experience.

  HZO: ZAGG owns about 37% of HZO at this time. Randy’s attitude is if something good happens there it is simply a bonus.

  ZAGG RETAIL STORES IN UTAH: These are legacy stores opened by the ex-CEO. The company said they will be evaluated and appropriate decisions will be made.

  Best Buy: As was already posted here, BBY had surprisingly good numbers but what you may not know is they have opened a number of smaller venue stores focused on mobile electronics and that is helping ZAGG. Also when I asked how BBY receivables were doing, the answer was okay but they did begin wisely insuring BBY receivables for the first time.

• Report this Comment On January 16, 2013, at 6:59 PM, tjcfirebird wrote:

  PRODUCT DIVERSITY AND REDUCED RELIANCE ON INVISIBLESHIELD:

  invisibleSHIELD now represents less than 50% of sales. Zagg revenue has grown from $2M to $250M(est.) in 5years. This means they are doing $100-150M in non-shield product. They have clearly rounded out and filled in their product offering. They are innovating and creating in-house.

  The new iOS game controller could be a huge hit. It is very portable, collapsing to the footprint of the iPhone 5. They obviously need developers to sign on and are wisely hunting with a harpoon rather than a net and going after the major developers such as EA and Epic whom have offices down the street from Zagg in Salt Lake City.

  The Boost NearFA technology is also promising . No pairing like Bluetooth. Simply set an AV device on top and it communicates. The new Origin line of speakers as well as the Animatone children’s line is utilizing this. They also introduced ZAGGSPARQ Portable Power Chargers ZAGGstylus for touch screens in addition to a boatload of new headphones and earbuds.

  CONCLUSION: I left CES feeling even more confident about ZAGG. I was also very much aware while wandering the show how crowded the space is for mobile accessories of all sorts. ZAGG has some critical mass and should be able to capitalize on their brands. There remains a huge disconnect between the stock price and the performance of the company. A regression to the mean puts the stock price back at $15 short term and there are plenty of catalysts – good earnings release, stock buy-back, new institutional investors and of course, a short squeeze. Please feel free to ask questions.

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