This contract is about Flat Panel Displays and or computer monitors.
Lets look at some bits and pieces of information and compare
them with the new contract with Southwall.
From Southwall's 10-Q, "primarily at the Company's new
Tempe, Arizona facility, which resulted in low yields on
anti-reflective film for computer monitors." and " Company's
new Tempe, Arizona facility experiencing process problems
in April 1998 which resulted in lower yields and throughput
on anti-reflective film for computer monitors. "
Also..."The increased expenses were primarily attributable to
higher new product development costs associated with film
for electronic display products and the development of new
deposition technology.".
This from the news release from the PRST, "Based in
Tucson, Arizona, Delta V Technologies, Inc. develops
processes, materials and equipment for vacuum coating
applications. Its equipment and process innovations are used
in a broad range of industries and applications including
graphic arts, capacitors, electronics, optics, architectural and
decorative glass, flat panel displays".
I can't even begin to imagine the kind of on-going revenue
stream that is associated with this contract. License
agreements, equipment maintenance and more.
What kind of products and development is going to take
place when PRST combines this technology with Battelle's
and they start to market these concepts to the waiting world.
I am very comfortable in my long position with PRST.
Good luck to each and all
SG |
