Seriously! That is the problem with a canned radio show.
YOu can't phone in and ask how he came to the number.
He did try to back it up with a vague comment about incredible consumer interest for an entry-level product. But he also failed to mention the survey from last April saying that many consumers at that time would not buy a new decoder just for V-chip.
This is one reason I think it is important that V-Gis technology has a second and third generation involving more capabilities than just video/audio blocking.
Notice there were no callers either, just "Hi, this is my stock, its so great."
It seemed more of a "ra-ra Canada" piece rather than any serious talk
about TVL. Grunberg did outline what they are up to, most of us following the stock already knew most of this, including the 200,000,000 figure which D.E. had arrived at last year before all the distribution agreements were inked.
Analysts can't make predictions (and either can TVL really) until the first shipments are actually sent and PO numbers are accepted. When that happens, expect Gundy, Research Capital and perhaps Yorkton to release reports. I am sure all target prices will be conservative in the 2.50 to 3.00 range (as we have been there before and that is near the financing price from last spring).
This investment is a volatile one, pipick, be warned. If you decide to join in the misery/euphoria that occurs when you own TVL, welcome aboard.
Graham |
