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Technology Stocks : Vicon Industries ( VII )
VII 0.206-24.6%Jul 11 5:00 PM EST

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To: Hank who wrote (11)2/7/1998 12:15:00 PM
From: Private Network Technologies  Read Replies (2) of 118
 
Good work Hank. The question that we have to ask is how many Post Office facilities are going to be installed as part of this contract. I believe that when Vicon first received the contract that they were expecting it to only be worth 10 million dollars. They had no idea of the quantity of postal facilities that were requiring new security systems. I have heard that there are over 800 postal facilities that will reqiure new systems. I have also heard that the cost of the average security system is about $50,000.
I received this information from security system installers that are installing these Vicon systems for various postal facilities.

What do you think of this company now?
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