Wednesday, August 31, 2011

Investopedia: Can Skullcandy Marry Performance With Image?

Now that the post-IPO quiet period is over, a number of firms have initiated coverage on headphone maker Skullcandy (Nasdaq:SKUL). Does it really surprise anyone that the six banks initiating coverage on the stock were the six banks on the cover of the IPO? Likewise, does it surprise anybody that the coverage was universally positive? More and more, it seems like that "Chinese wall" between research and banking is creeping back to something more like the perforated Saran Wrap of the pre-tech bubble days.

Whatever the conflicts of interest may, or may not, be, does Skullcandy deserve the love on its own merits? More to the point, can this company find a way to make a real business and real profits out of what has traditionally been a market bifurcated between throw-away, low-performance junk and super-high-end and very expensive gear for audio nerds?

Read more through the link below:
http://stocks.investopedia.com/stock-analysis/2011/Can-Skullcandy-Marry-Performance-With-Image-SKUL-SNE-PHG-TGT-AAPL-KOSS-BBY0831.aspx

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