It's the fact that Huawei has the resources to cut margins to the bone and offer a top-of-the-range experience at a mid-market price which may prove more important.

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The eventual aim is to bring enterprise-level storage features to the mid-market at an affordable price.

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The market may sell as low as 10 times earnings for a while but when inflation is low and 10-year Treasuries yield approximately 4%, the market normally sells at a mid-teens price-earnings valuation.

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In contrast, mid-market retailers have rather pedestrian share-price returns this year.

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Electric cars have historically suffered from extreme lameness, largely because most attempts at building electric cars were aimed at the mid-price or low-end car market.

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While our price estimate currently sits below market price, we have actually raised our number roughly 60% since mid-2010.

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If everything comes up roses for these roads, price-earnings ratios make it to the mid- teens but no higher, a market multiple.

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Anything above the mid-level is too high a price for Dalembert, but in this league and especially in this market, he is certain to command much more than that.

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Red Roof Inn is particularly bad: they deliver a very good mid-market product at a costly investment, but insist on claiming an economy hotel market position and charging an economy price, even in markets where they could easily command a higher rate.

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