Quote:
Originally Posted by Shaggy
IMO, the bigger question is, assuming the worst happens, what this means for warranty support, etc.
Hopefully they can pull through this and come out the other side as a better company. But right now I'm treating my DR800 VERY gently.
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Odds are that iRex will be bought by one of its competitors (Sony, Amazon, Bookeen, ...) if only for it's eInk IP. Whomever buys it , in theory, has to provide the service too.
What is also likely : the DR800 and DR1000 devices that are still in stock will probably find their way to the market cheaply. Consider the option to buy a second one for a very very sweet price. Or sell your current device as soon as possible BEFORE that price drop occurs.
In the US companies often survive a Chapter 11, but in Europe companies that get themselves into a Chapter 11 ussually don't survive. And definately not in the current economic climate and with LCD "Pads" competing vs eInk and forcing them back into a niche market, where they will remain as long as eInk devices refresh at the current speed and with the current rather abysmal range of colorization.