VIRT (Virtual Reality Inc.) - An OTC company.. Anyone??? Message Board

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Technology Stocks : VIRT (Virtual Reality Inc.) - An OTC company.. Anyone???

VIRT 37.84

-4.3%

2:10 PM EST

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To: Shannon Mitchell who wrote (39)	3/19/1998 2:55:00 PM
From: Dan B.	Read Replies (3) of 172

Having read the posts here, I trust you few will forgive lack of specifics in this one. The NEWS of 7th July 1997 was that the name had been liscened to a virtual reality gaming center which had plans to expand outlets. No mention of particulars- was liscense exclusive or are they free to liscense elswhere too? How much was paid? What are Royalty prospects, if any(hopefully/presumably)? Doesn't seem to have added much to earnings/stock price, eh? My knowledge of this Co. comes from a Newsletter I recieved a few years ago- Tiapan. I am given to understand that this Co. has been around since the late 70's. That they did and were still doing flight simulation work for NASA. I noticed, from the WHATS NEW section in Popular Science Mag.(Oct. or Nov. '97 I think) that another Co. had won a decent NASA contract for same. Perhaps this is a why for the price fall? Tiapan had recommended purchase only as a high risk VERY long term bet on V.R. since the Co. was such a long time player in the field and perhaps would survive as a leader as chips evole to the point when V.R. comes into homes- a real "model-T Ford" type investment if successfull. Time frame was up to 20 years or so. I purchased at 12.5 cents and darned near sold somewhere between .16 .24 a year ago. Bought more at .625 since then. I consider it all a total loss as I speak, but certainly hope there is hope. Anyone have anything new? Anyone speaking? Have you all sold? Are you all too embarrassed with the current losses to speak here? Hello out there! Long time no posts!

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