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Technology Stocks : IMPX - When Will the Dead Money Awaken?
IMPX 6.210+13.3%Oct 22 3:59 PM EST

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To: slob who wrote (258)3/30/1998 4:57:00 PM
From: Zeev Hed   of 532
 
slob, I base this "wish" on the possibility that their sales could reach between $60 to $100 MM in two three years. For instance, their EL driver (which they sell for $.96 in quantities of 1000) could be used in a large number of consumer devices (from cellular phones to instrument displays and many other applications where backlighting is used to illuminate monochromatic LCD). A million of these units per year is peanuts and if they can become really competitive (like $.5 or so per unit) there is no reason why they should not reach later on 50 to 100 MM units per year thus more than doubling their current sales. Of course these numbers assume that this and few other products are successful, and these sales levels need not be reached in that time frame for the stock to go up, it would be enough that the visibility of such a success be present.

That said, my "long range" target at this point is a "wish" not a forecast. Right now, I think that they would do nicely (the stock) to consolidate just under 1.75 and show some darkening of the bottom line (something like black ink will do).

Zeev
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