When Valjoux decided to abandon the 7750 automatic movement and get with the digial watch craze, an engineer for Valjoux squirreled away the machinery for making them. It didn't take long for Valjoux to realize their mistake and the 7750 movement is still the workhorse for their line. They can't make enough of them and payment for that movement is made 6 to 12 months before any make receives the product, sometimes longer.
Thank goodness for that prescient engineer.
Crunching numbers for shareholders who can't see beyond the 1st quarter is common these days but hopefully, someone will see the value of putting away some nuts for the winter.
All the best,
Nonoise
Thank goodness for that prescient engineer.
Crunching numbers for shareholders who can't see beyond the 1st quarter is common these days but hopefully, someone will see the value of putting away some nuts for the winter.
All the best,
Nonoise