TEXN Message Board - Msg: 3765633

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To: Laurens who wrote ()	3/19/1998 11:24:00 AM
From: Phil Cressman	of 55

Looks like a solid company built on a niche market. I participated in trials with the Canadian Military back in 1971 on tritium night sights for rifles which were very sucessful. The Canadian Market restricts the use of Tritium due to the radioactive gas that could be given off when a crystal is cracked even though the amount of gas exposure is very, very limited. There appears to be no question that the use of Tritium in gun sights offers a trouble free solution to aiming in low light levels and is superior in many ways to laser sighting devices particularly for handguns. As long as there are no regulatory problems I would be very surprised if the U.S. Military are not looking at this type of device. Booked orders at the shot show do not always turn into sales within the projected time frame, however I would expect that many of these first time sales (after evaluation) will generate much greater sales during l999. It would be of great interest to see not only financial projections but also asset base and share float as well as insider holdings!

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