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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Volcano888 who wrote (46)12/24/1996 4:04:00 PM
From: Lewis White   of 782
 
Pjtv has a unique patented big screen tv with a removable projector
capable of displaying up to a twenty foot diameter picture.
The quality of the picture is better than anything on the market at
this time.
I have spoken with four people who have viewed the tv. Two are
stock brokers, one a securities analyst the last is a surgeon.
Although they do not know each other their comments were very
simular. They stated the picture was fantastic, better than they
thought it would be. The projector with its expanded image was
clear and crisp. They all felt it will sell. TI's dmd technology
has made this a winner if only they can bring it to market and
estabish itself as the leader in large screen tv's.
The current list price is $7995.00 before discounts. Other companies are very interested in licensing their technology.
Pjtv's thin screen concept is also being negotiated for licensing
potential. There is reported new interest in Tamarack.
All this contingent on a sucessfull debut. Not to mention
competition fron HDTV and big screen plasma display.
I have purchased pjtv stock in encrements for over three years.
My average purchace price including comm. is $4.15 per share with
a purchase range from $2 to $7 per share. As far as meeting Xmas
rush I spoke with a purchasing manager at Best Buy. He stated if
they were to carry such a product with a $7,000.00 to $8,000.00
price tag having it available for Xmas would not be an advantage.
He stated this is not what a tipical buyer would shop for as a gift.
It would in all likelyhood get lost in all the other promotions.
My point to all this is the longer they delay the smaller the
impact they will have on the market. What does everyone else
think?
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