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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Jay D. who wrote (546)11/19/1997 12:43:00 PM
From: Gerald Thomas  Read Replies (1) of 782
 
That couldn't possibly be weighing on the stock because the whole issue there was whether or not revenues from this company or in translation the Digital Home Theatre could become part of the lawsuit..
That was ruled to be outside the scope of the reciever that was appointed ...because the company was going to have revenues
that initial element had to be dealt with to determine if the new product could in any way be affected...
THEY RULED IT NOT TO BE AFFECTED...

That's why I can't understand the stock...
Anyone looking at this can see sales are on course to hit near 1 million this quarter...clearly a much different benchmark for the company...

I think the stock is permanently pegged at 1.50 regardless
of anything else including sales or whatever..

I think soon they will be earnings positive and multimillion dollar sales and it will still be pegged at 1.50...

I wonder if it is even trading above book value???
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