VTPI- Might Want A LOOK At This Before Monday :-)
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Posted by Trader on May 15, 1998 at 19:20:03:
I was directed over to this board to have a look at this forum, Very nice. Was told some have an interest in this issue here and it was E-mailed to me by a friend who also holds an interest in this issue. Monday could be lift off day again for VTPI. I had expected a bit more of a correction after the run up and trading this week until I read this and know there to be more news releases next week. If I get more I 'll post here as I do on other boards
from now on.
Good weekend and great profits,
Trader
May 15,1998
Shareholders,
Let me assure everyone the management of Visual Telephone International
firmly believes the company is the strongest it has ever been and we are
growing with the development of the market we always planned on creating.
We are seeing a significant increase in business at Visual Telephone
International and in Communications Research, Inc., a VTPI subsidiary.
The key to our enthusiasm is the fact we are building and shipping more
units than ever before. Currently we are building units both to meet
orders, as well as for inventory. We would like to maintain a balance in
stock so orders may be shipped within a day of receiving an order, instead
of the 3-5 days it takes currently. This acceleration has been made
possible with capital raised by our Investment Banking firm.
Further, Mr. Kevin Baisley has done a wonderful job accelerating the
formation of a Pro Rep network across the country. Shortly, the Company
expects to make a combined announcement of the firms signed to manage
regions in the South, Southwest and West. Every firm is a recognized leader
in their territory that has been aggressively marketing and selling competitive
video conference products and peripherals. They are making the jump to Visual
Telephone International because they can see the performance, price and
competitive advantage we offer in our line of products.
A great deal of the new and renewed interest in Visual Telephone
International products is directly related to the Visual-EZ operating
system. We are gaining market awareness by the ease of simultaneously
viewing and annotating graphics. This feature is not available in any other
video conference product on the market today. The plain fact is when Video
Conference is used by real power users of the medium, after the initial
"Hello", a video conference becomes an audio graphic tool, but we also
maintain video presence in all our products so the human contact is never
lost!
As everyone knows, we at VTPI have no control over the market pricing of
stock in the public sector or individuals personal decisions of how they
invest or control their personal holdings. We at Visual Telephone
International are continuing to improve the products and market awareness
to promote further sales. In essence we are priming the pump to increase our
yield with every turn.
To this goal we have committed to a very aggressive show schedule
to again expose the greatest cross section of current and potential users
of Video Conference and Desktop Video Conferencing to our units. An even
greater amount of revenue will be expended in newspaper and magazine
advertising to increase our market awareness by corporate executives in
Fortune 500 and 1000 company's. This we believe is essential as the
Corporate, Tele-Medical and Distant Learning segments are the primary
targets for our products. We want these individuals to be knowledgeable,
with a full realization of the benefits, features and communications
solutions the Visual Series of products offers.
Thank you all for your concern, comments, questions and support. I trust
this answers all the E-mail and phone calls we have received.
Carl R. Ceragno, CEO
Visual Telephone International
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