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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Bruce Young who wrote (780)7/29/1999 2:21:00 PM
From: Spyder  Read Replies (1) of 782
 
VIDI Trading halted!

This company was really an interesting one to watch although I too lost 100% of my investment (from PJTV). My accountant will chuckle at this one. They had such a great product, the DHT, but unfortunately were totally sole source dependant on TI maintaining support for the internal hardware. When TI pulled the plug, their product had to die. Then they didn't compete well in the LCD markets. Ironically, the LCD business projector market was/is battling/losing share to the same TI DLP technology. I just don't understand why VIDI didn't embrace DLP technology for their business projectors. I guess they were once bitten, twice shy. Oh well. I believe they still have option contracts on the NM company they sold off.

Good luck.
Spyder

PR NewsWire
Nasdaq Changes Status of Trading Halt in
Vidikron Technologies Group, Inc. And Requests
Additional Information From Company

And Requests Additional Information From Company

WASHINGTON, July 29 /PRNewswire/ -- The Nasdaq Stock Market(SM) announced today that the trading halt status in Vidikron Technologies Group, Inc. (Nasdaq: VIDI) was changed to "additional information requested" from the company. Trading in the company had been halted earlier today at 9:23 a.m. Eastern Time for news pending at a last sale price of 9/16 per share. Trading will remain halted until Vidikron Technologies Group has fully satisfied Nasdaq's request for additional information.

For news and additional information about the company, please contact the company directly, or check under the company's symbol using InfoQuotes(SM) on the Nasdaq-Amex Web site.


For more information about The Nasdaq-Amex Market Group(SM), visit the Nasdaq-Amex Web site at nasdaq-amex.com or the Nasdaq-Amex Newsroom(SM) at nasdaq-amexnews.com.

SOURCE Nasdaq Stock Market
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