Vicon Industries ( VII ) Message Board

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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: Instock who wrote (20)	2/7/1998 9:34:00 PM
From: Hank	Read Replies (1) of 118

The other poster (the one that started this thread) claims to have info indicating that the post office needs 800 offices upgraded at aprox. $50,000 a pop. That's $40,000,000 in gross revenue assuming his info is correct but I have no way to know that for sure without calling the company and trying to find out directly from them. There's no limitation to the contract being only $10,000,000. That's just what the company originally expected the contract to yield. The contract itself open ended as far as I know. Of course, that does not mean they will upgrade all 800 facilities by the time the contract runs out. As for the carry forward, you have a good point there. However, I would be surprised to see this stock drop much lower than $9- $9 1/2. It's shown impressive resilience to volatile swings in the past and I don't think it will be easy to short given it's small float.

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