Thursday, May 02, 2002

E house work comes to a halt

The company [E house] looked to be off to a great start with reported sales of $4.5 million last year, up from $720,000 in 2000, said Kurt Scherf, vice president of research for Parks Associates, a Dallas-based group that analyzes the home automation industry.

Reports about e house closing its office seem to conflict with the company's glowing press releases issued just a few weeks ago, Scherf said. E house depended on the new housing market, and it's possible that the volume of work just wasn't enough to offset the expenses of operating its offices.

"Technology work is a volume business, and this type of business is not high volume," he said.

Scherf said home automation businesses are better suited for "mom and pop operations."

From the article "E house work comes to a halt," by Christopher Calnan.

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