Copytele - Another XEROX in future Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Copytele - Another XEROX in future

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gekko who wrote (779)	7/18/1997 12:48:00 AM
From: wolfdog2	of 1320

Maybe someone can explain to me the significance of the dollar amounts COPY is placing on these contracts. Unless I'm missing something, these contracts don't require the distributor to buy anything more than their "requirements." Well, if the product doesn't sell, then the requirement equals zero. My guess is that these contracts cover the terms for, say,the first $45 million in sales. That's all very nice, but it ain't no contract for $45 million. Hell, I'd be glad to sign such a contract with COPY for $100 million, except that I'd worry that I might get arrested for securities fraud. These contracts, imho, are phoney baloney to the extent that they purport to have an actual dollar value. I'll believe Magicom has a future when I see some distributor put up some cold hard cash. Until then, I remain sceptical and short.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next