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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Janice Shell who wrote (78)1/12/1997 5:25:00 PM
From: n/a   of 782
 
Let's talk finances.

Perusal of the Projectavision investor pack from CES shows all hype. A look at Edgar indicates that there are 14+ million shares declared. It appears that there are another 15 million shares which could appear from registration S conversions. I don't know how many options and warrants are floating around.

If The Wiz gets $8000 for selling the unit, they'll want to get $2500 profit. TI charges $2500 for the engine in volume. GE asks $750 for the plastic packaging. C-MAC charges $1250 for the electronics. That leaves $1000/unit to pay for assembly, shipping, overhead, etc. So maybe $100 per unit falls to the bottom line max. Since PJTV hopes for sales of 20,000 the first year, shareholders will get to split 6 cents per share.

This aint the kind of investment that causes me to dance in the street.

CNN - you could be right. I didn't see them.
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