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Technology Stocks : Faroudja FDJA

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To: Gerald Thomas who wrote (163)	7/22/1998 1:16:00 AM
From: Gerald Thomas	Read Replies (1) of 249

Hoak Breedlove Wesneski & Co. have written a 25 page report on July 2nd on FDJA with a price target of 16$ and a buy recommendation... It is the most thorough report I have ever seen... It explains HDTV rollout It explains FDJA's products in detail It covers all of the markets... Highlights are: 1600 broadcasters 11,000 cable systems 400 production houses They cover the competition... little to none... Snell and Wilcox has similar product that does not even cover progressive formats... Says each cable facility will need multiple DFT's Has 1998 eps of .03 1999 eps of .35 2000 eps of 1.50-1.75 talks of triple digit earnings rate over next 3-5 years Says FDJA is expected to announce new licensing arrangements over the next 60-90 days to replace the S3 deal... Explains exactly what DFT does all 5 steps... Video Decoder Module decodes NTSC signal Noise reducer module enhanse the signal to noise ratio De interlace Module De interlaces the picture/compensates for motion Scaler/Digital Video enhancer module enhanse the details/scale the picture size System Controller Module Encode into serial digital format The report can be found at wsvoice.com

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