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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Greg Werlinich who wrote (526)10/21/1997 10:29:00 AM
From: Gerald Thomas  Read Replies (2) of 782
 
Consumer Electronics
Warren Publishing, Inc.
(Copyright 1997 by Warren Publishing, Inc.)
* Projectavision sold about 100 Digital Home Theater projectors,
generating $360,000 in sales, in quarter ended Sept. 30, Pres.-CEO
Martin Holleran said. DHT, based on Texas Instruments' Digital
Light Processing (DLP) technology, combines 60" rear-projection set
with front projector. Projector is being sold in limited quantities
through Bjorn's Audio/Video, Harvey Electronics and 3-4 Cedia
dealers. Distributor Boxlight is selling projector under Digital
Office Theater banner to commercial market. Sales are projected to
exceed $100 million in 1998 based on shipments of 20,000 units,
Holleran said, with revenues split 50-50 between commercial and
retail sales.
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