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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Gerald Thomas who wrote (462)7/22/1997 11:35:00 AM
From: Greg Werlinich   of 782
 
Gerald -

I understand your concern that "something bad will happen", based upon past experience. Without sounding naive, I believe that things are different today. PJTV finally has a real product, with a real marketing plan, and real interest in the marketplace.

As for your estimates, I think you may be a bit aggressive on PJ's unit sales price and you are underestimating their shares outstanding. Also, it is very unlikely that they will sell in the Sept, quarter, every unit that they produce in that quarter. There will have to be a certain amount of lag from production to sales. Even so, if the right number is half of your estimate, at $0.10, that would be a hell of a turnaround and a great springboard to bigger and better things in the quarters ahead.

I like our chances.

Greg
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