Meade is in a very difficult position right now. The big price reductions on
the LX-200 series were, imho, necessary to prevent Celestron from taking
over the market with its Nexstar GPS 11 which only recently started
deliveries. Meade stock is in the tank, selling for a small fraction of
where it was last year and, to add insult to injury, the great dot com deal
to supply optics for Terrabeam has apparently also tanked. Be patient. The
stock may be a good buy! :)

Andy

----- Original Message -----
Sent: Friday, July 20, 2001 2:53 PM
Subject: [M]: Re: Meade Knows about Mapug!


>
> I understand this very well and that is why I can't understand how Meade
>
> could afford to reduce the price of, for example, of their 10" LX200 by
> $1000 (from $3195 to $2695 and $500 worth of eyepieces) and still make
> a profit on a scope which originally had a marginal profit.
>
>
>
>
>

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