I guess Ted it all depends upon how one choses to look at this situation.
I have Toyo 4x5 and 8x10 sheet film holders and I like them. Toyo has made 5x7 holders in the past so strictly from a business perspective I feel that Toyo has a "leg up" over the new kid on the block because Toyo has already made the infrastructural investment in the tooling for the holders and therefore it is only materials, overhead and profit into the decision to do the deal or say no thanks.
But at the end of the day each company has to wrap their hands around the size of the forward market because that is all that matters. Toyo's decision from a risk perspective is highly mitigated because they will quantify the production numbers within the offering. If the market can swallow the costs it is a no brainer and there is no downsize for Toyo as they will have no forward expectations for 5x7 beyond this possible deal. I contend that while 5x7 is a popular size within large format, even if you can manage start up costs very efficiently the size of this market segment as a function of time and the associated return on this investment from square one is highly problematic. By nature I am not a negative person - I am a businessman and this is a business decision.
Could that be why current manufacturers of 5x7 holders bailed out? Surely they have the internal sales figures to fall back on. Fear buyers do not prop up a long term trend line and as a result these numbers would be nothing more than an anomolous blip in the sales trend.
Should be very interesting how this plays out. I am crossing my fingers and hoping for the best.
Just my $0.02.
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