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Technology Stocks : Copytele - Another XEROX in future

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To: Mike Chen who wrote (889)10/6/1997 12:55:00 AM
From: paul clifton   of 1320
 
Mike--
Thanks for the post-- my reference to the multi-level marketing is that Copy and/or CopyShanghai have multi-million dollars in orders for the current "Product" known as the Magicom 2000, but apparently not much, if anything, in the hands of users. Contrary to what you have heard, the product was displayed in a hands-on set-up at the annual meeting this year (I have been so informed by my broker, who normally attends but did not personally go this year). I don't believe a reputable brokerage firm like AG Edwards could have a broker lying to the public without serious financial liability. If you have information to the contrary to support your statement, please advise soonest. Also, I am informed that they ,Copytel, are hiring more marketing personnel and the plant in China is nearing or is completed. The company has grown beyond the handful of scientists securing many patents on prototypes of yet to be perfected flat panel color display screens. I know it didn't take ten years to send a man into space or to develop and drop a nuclear weapon, but there must be something exceedingly difficult about this procedure--kinda like finding a cure for hiv??? I shall continue to wait and watch and hope that my stock certificates aren't just paper left to my progeny :)

Paul
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