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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: Private Network Technologies who wrote (12)2/7/1998 2:52:00 PM
From: Hank   of 118
 
I've always thought that this was an excellent company. The reason I looked into it a year ago and took a small position at that time was because they were experiencing heavy insider buying. Even then, the fundamentals looked excellent. As for the postal contract, I think if what you say is true, we can expect to see a steady increase in earnings for the rest of this year with some more upside surprises likely. I don't think the postal service will have them do all the jobs at once since they have to maintain their expenditures within their year to year budget requirements (then again, maybe 800 jobs IS within their budget for this year. There's no way to know for sure). But this makes the future beyond this year look even better assuming they get the contract renewed in July.

In other words, hang on to your hat, this baby is just getting out of the starting gate!
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