SI
SI
discoversearch

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 : HDTV: Television of the future here now

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ron who wrote (85)6/7/2004 2:04:20 PM
From: tech101  Read Replies (2) of 152
 
HDTV vs BRLC

Re: BRLC vs HDTV
by: hate2loos 06/06/04 11:02 am
Msg: 1175 of 1178

It is because Brillian was created when TFS decided to unload a losing failure by spinning off the display part of TFS and giving the new baby $20 million cash to operate with. The spin off arrangement gave TFS shareholders one share of BRLC for each 4 shares of TFS they had. Therefor,BRLC was created with a small number of shares. Because of the $20 million gift it had a pretty good book value at the time. Because of the failure history(under TFS) the investing public has had little confidence in the Brillian product and the TV manufacturers have not either. A small number of shares and a stagnating market price equals low market cap. Brillian's decision to make its own way by building the whole TV rather than relying on other manufacturers to buy the display was a brave and commendable decision, and probably the only way to save the company. The investing public is still a bit leary, but as soon as there is more evidence that they can make the TVs and sell them successfully, other TV manufacturers and the investing public will be quick to jump on the bandwagon and the market cap will soar.

Spatialight has always been hard pressed for cash and has fallen way behind its earlier potential because it did not have the money to hire enough engineers to exploit the technology. It has issued a lot of shares, some to the investing public and a lot to insiders who have provided the financing to keep it afloat. a lot of shres via options and warrents at discounted prices as incentives to get the financing. A lot of shares and an inflated market price because of speculative interest equals a high market cap. Its progress has been sure but slow. It would be a world leader now if it could have managed to finish the job when it was ahead two years ago and several Chinese TV makers were ready to buy because the product was potentially very good. The company now finally says it is about ready to shift from laboratory output to large scale production and the TV makers have tested and are ready for trial runs. If HDTV can deliver the goods, despite having let plasma and LCD take over the market and let other LCOS players become real contenders, it might be able to hold its own as LCOS players try to play catch up to plasma and LCD. BRLC and HDTV could be good money makers six months from now for those who buy now. Or they could not, depending on how things go.

Who has the best technology? Each company's own fans say "we have". Only the shadow knows.

Re: BRLC vs HDTV
by: hate2loos 06/06/04 06:57 pm
Msg: 1178 of 1178

Another comment. Spatialight has a huge deficit because it spent about 10 years in Research and development with no income. Brillian is free of deficit because all the R&D was done by TFS. When Brillian was created, the books started out with all the past costs on the books of TFS, so Brillian's financial statement looks good while Spatialight's looks like it is falling into Grand Canyon. It will take a lot of sales for Spatialight to make up past losses but if things go the way some would like to think, the company could break even by the end of the year and could wipe out the accumulated deficit in two - four years.

finance.messages.yahoo.com

finance.messages.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext