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Publicly traded industry firms.

Music Trades • Feb, 2008 • FOREFRONT: NEWS * ANALYSIS * INFORMED OPINION

PUBLICLY TRADED INDUSTRY FIRMS

Price as of P/E

Dec. 26, 2007 Ratio Apple Computer Inc. $198.99 50.66 Avid Technology $28.97 n/a (Divisions: Digidesign, M-Audio) eBay $34.26 287.86 ExchangeBlvd.com, Inc. $0.05 n/a (instrumentExchange.com) Harman International $75.08 16.96 (Divisions: JBL, Digitech, Lexicon, AKG) Kaman Corporation $37.92 22.65 (Divisions: Kaman Music, Ovation, Takamine) Kawai Instruments Ltd. $1.51 4.49 Loud Technoloqies $7.00 n/a (Divisions: Mackie, Tapco, EAW, RCF) MakeMusic! $10.70 89.92 (Brands: Finale Software) Phonic Corp. $0.50 n/a QRS Music Technologies $0.52 n/a Roland Corporation $28.76 22.53 Samick Music Corp. $0.89 n/a Singing Machine $0.38 9.27 Steinway Music $28.28 28.00 (Divisions: Steinway Pianos, Conn-Selmer) Winmark $20.65 36.42 (Divisions: Music Go Round Stores) Yamaha Corporation $23.44 19.86

52-Week range Marker

High-Low Capitalization Apple Computer Inc. $199.43-$76.77 $167.70 Bill Avid Technology $38.78-$24.79 $1.21 Bill (Divisions: Digidesign, M-Audio) eBay $40.73-$28.60 $47.74 Bill ExchangeBlvd.com, Inc. $0.40-$0.02 n/a (instrumentExchange.com) Harman International $125.13-$69.48 $4.94 Bill (Divisions: JBL, Digitech, Lexicon, AKG) Kaman Corporation $39.01-$21.38 $874.51 Mill (Divisions: Kaman Music, Ovation, Takamine) Kawai Instruments Ltd. $2.93-$1.43 $123.87 Mill Loud Technoloqies n/a $32.33 Mill (Divisions: Mackie, Tapco, EAW, RCF) MakeMusic! $10.75-$5.63 $38.43 Mill (Brands: Finale Software) Phonic Corp. $0.94-0.40 n/a QRS Music Technologies n/a $4.92 Mill Roland Corporation $31.92-$20.50 $731.06 Mill Samick Music Corp. $1.31-$.76 n/a Singing Machine $1.60-$0.30 $3.82 Mill Steinway Music $39.23-$27.11 $229.21 Mill (Divisions: Steinway Pianos, Conn-Selmer) Winmark $23.77-$16.10 $123.32 Mill (Divisions: Music Go Round Stores) Yamaha Corporation $25.50-$20.16 $4.79 Bill Share prices converted into U.S. dollars at the time of the price quote.


COPYRIGHT 2008 Music Trades Corp. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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