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Technology Stocks : OVON/Optical Imaging Systems

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To: Susan Saline who wrote (79)	10/4/1998 2:44:00 PM
From: Chartgod	of 83

Hi Susan, has anyone ran across this? jim Oct. 02, 1998 (Electronic Engineering Times - CMP via COMTEX) -- It has become painfully clear that the plan to support the military-display supply base on top of a commercially viable business is not feasible (see Sept. 21, page 1). It is too bad, because OIS Optical Imaging Systems has always had some of the best display engineers and scientists as well as some of the most advanced display technology in the world. The solution is to face the reality that the true cost of advanced cockpit-display technology must be paid by the customer (the government). It is not fair to ask a business to assume the risk and subsidize the development of such a unique technology. When the aircraft makers needed special materials for radar-absorbing coating and lightweight composite wings, they paid for the development and the full price of the materials. For some reason, the U.S. government does not want to pay the real price for the most important electronic system in the airplane-the cockpit display. The only way to make sure that there is a steady supply of low-volume, high-cost displays is to build them in government-operated laboratory facilities, as inefficient and expensive as those may be. This approach is still used for specialized electronics that are not available on the open market and it will work for displays. It will not be inexpensive, but is the only viable solution. David E. Mentley Vice President Stanford Resources -0- Copyright 1998 CMP Media Inc.

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