Vidikron Technologies Group (VIDIC) Message Board

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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Barry Pearlstein who wrote (454)	7/17/1997 6:16:00 PM
From: Gerald Thomas	of 782

Strange reaction to today's news... Short of actual earnings I think the stock is pegged where it is... The stock is being punnished for it's problematic product entrance... Now even with 100's of units being sold and ramping up production I believe the stock will not move until it hits the next plateau.... which is to have solid revenues approaching per share targets.... It will not be judged on product acceptance but on whether those revenues will be enough to make reasonable per share targets... This one will be a sleeper until it can get to the next level....... 13:39 Projectavision Production -2: Starting To Make 100 Units NEW YORK (Dow Jones)--Projectavision Inc. (PJTV) is resuming production of its Digital Home Theater units. As reported June 3, Projectavision said it was unable to fill orders for theater system due to problems with Texas Instrument Corp.'s (TXN) Digital Light Processor units, a key component of the theater system. In a press release Thursday, Projectavision said it will produce 100 units beginning this month, with plans to ramp-up each month through the fall as the company fills existing orders. The television technology company said its engineers and the Texas Instruments' technical team were "very encouraged" by the results of a recent yield test completed on the Digital Home Theater projector. Projectavision said it expects to sell 20,000 units for more than $100 million in sales revenue in the first 12 months of commercial production. (END) DOW JONES NEWS 07-17-97 01:39 PM

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